Weekly SPI rises by 1.3%

News Image

MG News | June 14, 2024 at 01:08 PM GMT+05:00

June 14, 2024 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.3% WoW during the week ended June 13, 2024, while the SPI rose 23.03% 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 313.93 compared to 309.91 a week earlier, while the index was recorded at 255.17 a year ago.

During the week, out of 51 items, prices of 19 (37.26%) items increased, 08 (15.68%) items decreased and 24 (47.06%) items remained stable.

On a weekly basis, major increase was observed in the prices of Tomatoes (27.14%), Chicken (11.75%), Electricity for Q1 (8.73%), Pulse Gram (7.19%), and LPG (6.14%).

On the other hand, major decrease was observed in the prices of Onions (5.00%), Chilies Powder (1.95%), Rice Basmati Broken (1.65%), Garlic (1.32%), and Rice IRRI (1.08%).

The weekly SPI percentage change by income groups showed that SPI increased across all quantiles ranging 1.01% and 1.31%.

The lowest income group experienced a weekly rise of 1.01%, while the highest income group experienced a rise of 1.29%.

On a yearly basis, analysis of SPI change across different income segments showed that SPI increased across all quantiles ranging between 16.29% and 26.07%.

Yearly SPI for the Lowest Income Group increased by 16.29% while the highest income group recorded an increase of 20.75%.

The average price of Sona urea stood at Rs4,741 per 50 kg bag which is 0.11% lower than last week’s price, while 56.55% higher when compared to last year.

Meanwhile, the average Cement price was recorded at Rs1,260 per 50 kg bag, which is 0.43% higher than the previous week and 10.11% higher than prices last year.

Copyright Mettis Link News 

Related News

Name Price/Vol %Chg/NChg
KSE100 167,844.25
170.38M
-0.40%
-670.20
ALLSHR 101,190.46
479.24M
-0.24%
-244.65
KSE30 50,308.01
73.54M
-0.54%
-271.17
KMI30 241,041.17
72.56M
-0.54%
-1308.61
KMIALLSHR 65,768.91
266.90M
-0.34%
-227.18
BKTi 45,905.17
27.93M
-0.59%
-271.56
OGTi 35,557.92
7.24M
-0.32%
-112.64
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 75,915.00 77,940.00
75,590.00
-1780.00
-2.29%
BRENT CRUDE 104.25 106.36
101.34
1.67
1.63%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-9.00
-7.56%
ROTTERDAM COAL MONTHLY 113.00 0.00
0.00
0.45
0.40%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 97.00 99.43
94.73
0.65
0.67%
SUGAR #11 WORLD 14.68 14.91
14.59
-0.22
-1.48%

Chart of the Day


Latest News
May 23, 2026 at 07:17 PM GMT+05:00

SECP introduces global finance talk series


May 23, 2026 at 11:45 AM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


May 23, 2026 at 10:25 AM GMT+05:00

Weekly Market Roundup



Top 5 things to watch in this week

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