SPI decreases 0.79% WoW

News Image

MG News | April 19, 2024 at 12:23 PM GMT+05:00

0:00

April 19, 2024 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.79% WoW during the week ended April 18, 2024, while the SPI rose 28.54% YoY compared to the corresponding period from last year.

According to data released by the Pakistan Bureau of Statistics (PBS) the Combined Index was at 323.71 compared to 326.29 a week earlier, while the index was recorded at 251.83 a year ago.

During the week, out of 51 items, prices of 22 (43.14%) items increased, 11 (21.57%) items decreased and 18 (35.29%) items remained stable.

During the week, major decrease was observed in the prices of Wheat (10.25%), Wheat Flour (8.97%), Bananas (8.67%), Electricity Charges for Q1 (7.16%), and Eggs (6.67%).

On the other hand, major increase was observed in the prices of Potatoes (17.07%), Tomatoes (12.67%), Chicken (11.60%), Lawn printed, and Shirting (3.55%) each.

The weekly SPI percentage change by income groups showed that SPI decreased across all quantiles ranging 0.7% and 0.9%.

The lowest income group experienced a weekly fall of 0.71%, while the highest income group experienced a fall of 0.7%.

On a yearly basis, analysis of SPI change across different income segments showed that SPI increased across all quantiles ranging between 21.72% and 32.49%.

Yearly SPI for the Lowest Income Group increased by 21.72% while the highest income group recorded an increase of 25.98%.

The average price of Sona urea stood at Rs4,936 per 50 kg bag which is 2.39% higher than last week’s price, while 63.64% higher when compared to last year.

Meanwhile, the average Cement price was recorded at Rs1,217 per 50 kg bag, which is 0.24% lower than the previous week and 8.55% higher than prices last year.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 184,604.69
181.18M
1.74%
3148.35
ALLSHR 111,177.97
456.65M
1.83%
1995.65
KSE30 56,569.87
84.46M
1.70%
944.20
KMI30 259,471.38
73.55M
2.02%
5128.38
KMIALLSHR 71,078.01
204.46M
1.91%
1334.43
BKTi 53,761.15
33.16M
1.40%
742.38
OGTi 38,013.39
17.13M
3.11%
1145.96
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 95,855.00 96,050.00
95,245.00
500.00
0.52%
BRENT CRUDE 63.53 63.93
63.44
-0.23
-0.36%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-2.00
-2.25%
ROTTERDAM COAL MONTHLY 97.60 98.25
97.60
0.15
0.15%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50
0.00
0.00%
CRUDE OIL - WTI 58.89 59.30
58.81
-0.19
-0.32%
SUGAR #11 WORLD 14.59 14.68
14.41
-0.09
-0.61%

Chart of the Day


Latest News
January 16, 2026 at 11:41 AM GMT+05:00

SCRA balance jumps Rs10bn


January 16, 2026 at 11:23 AM GMT+05:00

Pakistan, Bahrain expand investment, security cooperation


January 16, 2026 at 11:21 AM GMT+05:00

Pakistan, China pledge to accelerate next phase of CPEC


January 16, 2026 at 10:37 AM GMT+05:00

Jazz pushes network limits with high capacity optical upgrade



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg