Weekly SPI takes the largest leap in 5 weeks

News Image

MG News | March 08, 2019 at 01:45 PM GMT+05:00

0:00

March 8, 2019 (MLN): Pakistan’s Sensitive Price Index (SPI) for combined group during the week ended March 8, 2019 has increased by 1.16% over the week and by 11.72% over the year, i.e. the week ended March 8, 2018.

On a week-on-week basis, this is the largest growth recorded in the last five weeks. The last big leap which was bigger than this week's was recorded on January 31, 2019 when the index jumped by 1.65% over the week.

According to weekly SPI report released by Pakistan Bureau of Statistics (PBS), out of the 53 essential items that are monitored, the average prices of 24 items increased while that of 5 items decreased.

The greatest change over the year was recorded by the largest income group (Above Rs.35, 000), that of 16.03%. Meanwhile the smallest change was recorded by smallest income group (Upto Rs.8000), that of 8.44%.  

The average cement price as of now is Rs.604 per 50 kg bag, 0.4% lower than last week and 14% higher than last year.

Similarly, average price of CNG is currently Rs.77.9 per liter, same as last week.

On the other hand, the average price of Sona Urea is Rs.1, 806 per 50 kg bag, which is 0.4% less than last week but nearly 27% higher compared to the corresponding period from last year.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25


July 11, 2025 at 04:19 PM GMT+05:00

Ideal Spinning Mills to exit spinning business



Top 5 things to watch in this week

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