SPI-based inflation declines by 0.26 per cent
September 13, 2008
MABAD (APP) - The Sensitive Price Indicator (SPI), for the week ended on September 11, for the lowest income group up to Rs.3,000, has registered decrease of 0.26 percent over the previous week.
The SPI for the week under review in the above mentioned group was recorded at 217.22 as against 217.78 registered in the previous week, according to data released by Federal Bureau of Statistics (FBS) here.
The weekly SPI has been computed with base 2000-2001=100 covering 17 urban centres and 53 essential items for all income groups and combined.
The SPI for the combined group registered decrease of 0.38 per cent by declining from 210.54 in the previous week to 209.74 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 increase of 29.38 percent.
The SPI for the groups falling in the income brackets of 3001-5000, 5001-12000 and above 12000 witnessed decrease of 0.31, 0.34 and 0.32 percent respectively over the previous week.
During the week under review average prices of 15 items registered decrease, while that of 16 items increase with the remaining 22 items' prices unchanged.
The items which recorded decrease in their average prices during the week under review included tomatoes, onions, chicken (farm), red chillies, rice irri-6, bananas, egg hen (farm), moong pulse (washed), rice basmati (broken), masoor pulse (washed), potatoes, mash pulse (washed), vegetable ghee (loose), kerosene and gram pulse (washed).
The items which registered increase in their prices included, gur, LPG( 11 kg cylinder), wheat (average quality), shirting, salt (powdered), coarse latha, bath soap (lifebuoy), washing soap (nylon), sugar, beef, garlic, wheat flour (average quality), electricity bulb (60wats), mutton, mustard oil and firewood.
The items with no change in their average prices during the week under review included, bread plain (mid size), milk (fresh), milk powdered (Nido), curd, vegetable ghee (tin), cooking oil (tin), tea (packet), tea (prepared), cooked beef, cooked dal, cigarettes, lawn, voil (printed), sandal gents (Bata), sandal ladies (Bata), chappal spng.
(Bata), match box, gas charges (up to 3.3719 MMBTU), electricity charges, (1-100 unit), petrol, diesel, and telephone local call.
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