July 02, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.53% during the week ended Jul 01, 2021 while the SPI increased by 13.31% compared to the corresponding period from last year.
According to data released by the Pakistan Bureau of Statistics (PBS) the Combined Index was at 149.93 compared to 149.14 on Jun 24, 2021 while the index was recorded at 132.32 a year ago, on Jul 02, 2020
Out of the 51 monitored items, the average price of 17 items increased, 9 items decreased whereas 25 items registered no change during the week.
The weekly SPI percentage change by income groups showed that SPI increased across all quantiles ranging between 0.5% and 0.67%.
The Lowest Income Group witnessed a weekly increase of 0.67% while the highest income group recorded an increase of 0.5%.
On an yearly basis, analysis of SPI change across different income segments showed that SPI increased across all quantiles ranging between 12.53% and 16.7%.
Yearly SPI for the Lowest Income Group increased by 16.7% while the highest income group recorded an increase of 12.53%.
The average price of Sona urea stood at Rs.1749 per 50 kg bag which is 0.11% lower than last week’s price and 7.23% higher when compared to last year.
Meanwhile, average Cement price was recorded at Rs.641 per 50 kg bag, which is 0.16% higher than the previous week and 16.97% higher than prices last year.
