SPI inflation surges by 21.08 percent

03 Jan, 2009

The SPI inflation surged by 21.08 percent on week ending on January 1 over the same period of last year, but it has declined by 0.58 percent during the week, according to statistics released by the Federal Bureau of Statistics (FBS) here on Friday.
The weekly inflation measured through SPI has declined marginally during the week with official figures, showing it decreasing from 23.61 percent previous week to 21.08 percent on week ending on January 1.
With 0.58 percent decline, the combined SPI has come down from 205.68 percent to 204.49 percent during the week. The dearness for the lowest income group up to Rs 3,000 was recorded 20.52 percent during the week followed by 21 percent for group ranging between Rs 3,001 and Rs 5,000 and 21.81 percent for families bracketed in Rs 5001 to Rs 12, 000 income group.
The SPI was recorded 21.03 percent for the families above Rs 12, 000 monthly income group. The SPI bulletin, based on data of 53 items collected from 17 urban centres showed increase in prices of 17 essential commodities, decline in 13, while the prices of 23 commodities remained stable during the week.
The price of 11-kilogram cylinder of liquefied petroleum gas (LPG) has increased from Rs 707.509 to Rs 788.38 during the week; sugar from Rs 34.68 to Rs 36.10; chicken (farm) from Rs 86.73 to Rs 89.97; gur from Rs 38.59 to Rs 39.84; gram pulse (washed) from Rs 57.37 to Rs 59.10; vegetable ghee (loose) per kilogram from Rs 90.36 to Rs 91.96; bananas (dozen) from Rs 33.55 to Rs 34.02; kerosene (liter) from Rs 63.62 to Rs 64.18; tea (prepared) per cup from Rs 8.38 to Rs 8.44, electricity bulb (60 wats) each from Rs 14.31 to Rs 14.40, firewood (40 kilograms) from Rs 268.05 to Rs 269.52; mash pulse (washed) per kilogram from Rs 75.59 to Rs 75.92; masoor pulse (washed) from Rs 128.01 to Rs 128.47; mustard oil per kilogram from Rs 141.22 to Rs 141.69.
Average prices of the following 13 items that registered decrease included onions per kilogram: Rs 24.18 from Rs 27.27; tomatoes per kilogram: Rs 25.41 from Rs 27.71; tea packet 250 gm: Rs 100 from Rs 107.65; egg hen (farm) per dozen: Rs 66.54 from Rs 71.42; vegetable ghee (2.5 kilogram tin): Rs 331.47 from Rs 355; cooking oil (2.5 litre tin): Rs 351.47 from Rs 375.00; potatoes per kilogram: Rs 17.24 from Rs 17.56; wheat average quality per kilogram: Rs 24.55 from Rs 24.75; Red chillies per kilogram: Rs 136.61 from Rs 137.73; moong pulse washed per kilogram: Rs 48.05 from Rs 48.41; rice basmati broken per kilogram: Rs 45.03 from Rs 45.33; rice irri-6 per kilogram: Rs 36.50 from Rs 36.70; and wheat flour average quality per kilogram: Rs 25.92 from Rs 26.01.

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