June 04, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.61% during the week ended Jun 03, 2021 while the SPI increased by 16.12% compared to the corresponding period from last year.
According to data released by the Pakistan Bureau of Statistics (PBS) the Combined Index was at 148.38 compared to 149.29 on May 27, 2021 while the index was recorded at 127.78 a year ago, on Jun 04, 2020
Out of the 51 monitored items, the average price of 20 items increased, 7 items decreased whereas 24 items registered no change during the week.
The weekly SPI percentage change by income groups showed that SPI decreased across all quantiles ranging between 0.75% and 0.47%.
The Lowest Income Group witnessed a weekly decrease of 0.47% while the highest income group recorded a decrease of 0.55%.
On an yearly basis, analysis of SPI change across different income segments showed that SPI increased across all quantiles ranging between 14.97% and 18.62%.
Yearly SPI for the Lowest Income Group increased by 18.62% while the highest income group recorded an increase of 15.6%.
The average price of Sona urea stood at Rs.1746 per 50 kg bag which is 0.17% higher than last week’s price and 6.66% higher when compared to last year.
Meanwhile, average Cement price was recorded at Rs.622 per 50 kg bag, which is 1.14% higher than the previous week and 12.48% higher than prices last year.
