SPI Inflation Increases Of 0.31%

ISLAMABAD, Aug 3 (UrduPoint / Pakistan Point News - 3rd Aug, 2020 ) :The Sensitive price Indicator (SPI) based weekly inflation for the week ended on July 29, for the combined consumption group, witnessed an increase of 0.31 percent as compared to the previous week.

The SPI for the week under review in the above mentioned group was recorded at 134.31 points against 133.89 points registered in the previous week, according to the latest data of Pakistan Bureau of Statistics (PBS).

As compared to the corresponding week of last year, the SPI for the combined consumption group in the week under review witnessed an increase of 10.10 percent.

The weekly SPI with base year 2015-16=100 is covering 17 urban centers and 51 essential items for all expenditure groups.

The Sensitive Price Indicator for the lowest consumption group upto Rs 17,732 witnessed 0.59 percent increase and went up from 140.05 points in last week to 140.87 points during the week under review.

Meanwhile, the SPI for the consumption groups from Rs. 17,732-22,888, Rs. 22,889-29,517; Rs. 29,518-44,175; Rs29,518 to Rs44,175 and above Rs 44,175 per month also increased by 0.

52 percent, 0.44, percent; 0.38 percent and 0.21 percent respectively.

During the week, prices of 8 items decreased, 17 items increased while that of 26 items remained constant.

The items, which recorded decrease in their average prices included chicken, garlic, bananas. Gram pulse, moong pulse, masoor pulse, LPG Cylinder and mustard oil.

The commodities, which recorded increase in their average prices included tomatoes, sugar, match box, eggs, gur, wheat flour, milk (fresh), georgette, curd, potatoes, rice (Basmati broken) onions, rice (Irri /9), cooked beef bread, mash pulse and mutton.

Similarly, the prices of the commodities that observed no change during the week under review included beef, milk (powdered), cooking oil (loose), vegetable ghee salt, chillies, tea (packet), cooked daal, tea (prepared), cigarettes, long cloth, shirting, lawn, gents sandal, gents chappal, ladies sandal, electricity charges, gas charges, firewood, energy saver, washing soap, petrol, diesel, telephone call charges and toilet soap.