The Sensitive Price Index (SPI) inflation for combined income groups has witnessed an increase of 0.65 percent during last week of 2019 as it jumped up from 130.02 points to 130.87 points. According to SPI inflation related data released Monday by Pakistan Bureau of Statistics (PBS), the SPI during the week ended on December 26, 2019 against December 19, 2019 witnessed an increase of 0.65 percent.
The PBS said that on annual basis the SPI for combined income groups has jumped up by 18.51 percent from 110.43 points to 130.87 points. The PBS weekly inflation related data is based on 2015-16 mechanism covering 17 urban centers and 51 essential items.
According to the data, SPI for lowest income group with monthly income of Rs 17,732 went up by 0.25 percent on weekly basis from 133.67 points to 134.01 points, while on annual basis it went up by 17.89 percent from 113.67 points to 134.01 points. For the income group of Rs 17,732-22,888, weekly inflation registered an increase of 0.34 percent from 129.49 points to 129.93 points and on annual basis it witnessed an increase of 18.64 percent from 109.52 points to 129.93 points.
For the monthly income group of Rs 22,889-29,517, SPI jumped up by 0.45 percent from 131.05 points to 131.64 points and on annual basis it went up by 21.13 percent from 108.68 points to 131.64 points. Weekly inflation for the income group with monthly income of Rs 29,518-44,175 witnessed an increase of 0.55 percent from 128.04 points to 128.75 points and on annual basis SPI for the above income group went up by 20.17 percent from 107.14 points to 128.75 points.
For the income group of Rs 44,175 or above monthly income groups, weekly inflation went up by 0.81 percent from 131.74 points to 132.81 points and on annual basis SPI for the income group witnessed an increase of 18.02 percent from 112.53 points to 132.81 points.
During the week under review prices of following 21 commodities witnessed an increase: liquefied petroleum gas cylinder, chicken, eggs, bananas, Sufi washing soap, Moong pulse, Gur, gram pulse, refined sugar, Masoor pulse, Mash pulse, energy saver, vegetable ghee/cooking oil, wheat flour bag, plain bread, broken Basmati rice, firewood, and Irri-6 rice.
Average prices of 4 items during the week under review registered reduction which included tomatoes, onions, garlic and mustard oil.
According to PBS, during the period prices of 25 items remained unchanged, including, powdered milk, long cloth, beef, mutton, Lipton Yellow Label tea, gents sandals, super petrol, high speed diesel, match box, ladies sandals, telephone call charges, clothing, powdered salt and others.
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