Weekly SPI Increases by 0.28 Percent

June 19, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.28% during the week ended Jun 17, 2021 while the SPI increased by 14.52% compared to the corresponding period from last year.

According to data released by the Pakistan Bureau of Statistics (PBS) the Combined Index was at 147.92 compared to 147.51 on Jun 10, 2021 while the index was recorded at 129.16 a year ago, on Jun 18, 2020

Out of the 51 monitored items, the average price of 21 items increased, 9 items decreased whereas 21 items registered no change during the week.

The weekly SPI percentage change by income groups showed that SPI increased across all quantiles ranging between 0.18% and 0.32%.

The Lowest Income Group witnessed a weekly increase of 0.18% while the highest income group recorded an increase of 0.32%.

On an yearly basis, analysis of SPI change across different income segments showed that SPI increased across all quantiles ranging between 13.12% and 16.61%.

Yearly SPI for the Lowest Income Group increased by 16.61% while the highest income group recorded an increase of 14.27%.

The average price of Sona urea stood at Rs.1746 per 50 kg bag which is 0.06% lower than last week’s price and 7.18% higher when compared to last year.

Meanwhile, average Cement price was recorded at Rs.631 per 50 kg bag, which is 0.8% higher than the previous week and 16.21% higher than prices last year.

 

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Posted on: 2021-06-19T11:25:00+05:00

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