ISLAMABAD - The Sensitive Price Indicator (SPI) for the week ended on May 8, for the lowest income group up to Rs 8,000, registered decrease of 0.27 per cent as compared to the previous week.
The SPI for the week under review in the above mentioned group was recorded at 200.32 points against 200.86 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).
The weekly SPI has been computed with base 2007-2008=100, covering 17 urban centers and 53 essential items for all income groups and combined.
The SPI for the combined group decreased by 0.18 per cent as it went down from 209.31 points in the previous week to 208.94 points in the week under review.
As compared to the corresponding week of last year, the SPI for the combined group in the week under review witnessed increase of 9.06 percent.
As compared to the last week, the SPI for the income groups from Rs 8001-12,000, Rs 12,001-18,000, Rs 18001-35,000 and above Rs 35,000 decreased by 0.22 percent, 0.20 percent, 0.17 percent and 0.14 percent respectively.
During the week under review average prices of 17 items registered decrease, while that of 11 items increased with the remaining 25 items’ prices unchanged.
The items which registered decrease in their prices during the week under review included tomatoes, LPG( 11 kg cylinder.), onions, diesel, tea (packet), garlic, kerosene oil, wheat, vegetable ghee (loose), egg hen (farm), sugar, petrol, wheat flour (bag), rice (irri-6), red chillies (powder loose), gram pulse (washed) and rice basmati broken. The items which recorded increase in their average prices included bananas, chicken live (farm), lawn, match box, mash pulse (washed), gur, masoor pulse (washed), moong pulse (washed), long cloth, cooked beef and potatoes. The items with no change in their average prices during the week under review included bread (plain), beef, mutton, milk (fresh), curd, milk (powdered), mustard oil, cooking oil, vegetable ghee, salt (powdered), cooked dal, tea (prepared), cigarettes, shirting, georgette, sandal (gents), chappal, sandal (ladies), electric charges, gas charges, firewood, energy savor, washing soap, telephone local call and bath soap.