The weekly Sensitive Price Indicator (SPI) inflation increased by 0.53 percent during the week ended January 8, 2015. The provisional data, released by Pakistan Bureau of Statistics, shows that the SPI for the week under review was recorded at 210.53 points against 209.43 points over the same period of last year. The SPI inflation decreased by 0.35 percent this week as compared to the previous week, coming down from 211.28 points to 210.53 points.
The weekly SPI has been computed with base 2007-2008=100, covering 17 urban centres and 53 essential items for all income groups. The SPI for the lowest income group up to Rs 8,000 registered an increase of 1.24 percent during the week under review as compared to the same period last year.
During the week, average price of nine items registered an increase, while that of 15 registered a decrease. The price of 29 essential items remained the same during the week under review. The nine essential items which registered increase in prices during the week under review included onions, garlic, firewood, pulse Moong washed, tea prepared, Gur, rice basmati broken, sugar and red chili powder loose.
The 15 items that registered decrease in price during the week under review included chicken, LPG cylinder 11kg, tomatoes, potatoes, cooking oil tin, eggs, vegetable ghee loose, vegetable ghee tin, wheat flour bag, bananas, pulse Masoor washed, pulse Mash washed, rice irri-6 (Punjab/Sindh), mustard oil and wheat.
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