Weekly inflation up by 0.27pc

ISLAMABAD (APP) - The Sensitive Price Indicator (SPI), for the week ended on March 4, for the lowest income group up to Rs.3,000, has registered increase of 0.27 percent over the previous week.
The SPI for the week under review in the above mentioned group was recorded at 255.08 as against 254.40 registered in the previous week, according to provisional figures of Federal Bureau of Statistics (FBS).
The weekly SPI has been computed with base 2000-2001=100 covering 17 urban centers and 53 essential items for all income groups and combined. SPI for the combined group registered positive growth of 0.40 per cent as it went up from 243.09 in the previous week to 244.06 in the week under review.
As compared to the corresponding week of last year, the SPI for combined group in the week under review witnessed an increase of 16.99 percent. As compared to the last week, the SPI for the income groups ranging from Rs.3001-5000, Rs.5001-12000 and above Rs. 12000, increased by 0.30 percent, 0.38 and 0.40 percent respectively.