ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on January 2, 2014 for the lowest income group up to Rs 8,000 registered an increase of 0.13 percent as compared to the previous week.
The SPI for the week under review in the above mentioned group was recorded at 200.26 points against 200.00 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 centres and 53 essential items for all income groups and combined.
The SPI for the combined group increased by 0.17 percent as it went up from 209.27 points in the previous week to 209.63 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 swelled by 10.13 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 increased by 0.15 percent, 0.16 percent, 0.18 percent and 0.19 percent respectively.
During the week under review average prices of 10 items registered decrease, while that of 12 items increase with the remaining 31 items’ prices unchanged.
The items which registered decrease in their prices during the week under review included egg hen (farm), potatoes, sugar, onions, gur, LPG (11 kg cylinder), garlic, wheat, gram pulse (washed) and wheat flour (bag).
The items which recorded increase in their average prices included tomatoes, chicken (farm), moong pulse (washed), firewood, bananas, mash pulse (washed), bread plain( med size), vegetable ghee (tin), cooking oil (tin), mustard oil, masoor pulse (washed) and vegetable ghee (loose),
The items with no change in their average prices during the week under review included rice basmati (broken), rice irri-6, beef, mutton, milk fresh, curd, milk powder, salt powder, red chillies, tea, cooked dal plate, tea prepared, cigarettes, long cloth, shirting, lawn, georgette, sandal gents, chappal gents, sandal ladies, electric charges, gas charges, kerosene oil, energy saver, washing soap, match box, petrol, diesel, telephone local call and bath soap.
BRUSSELS: It may sound counter-intuitive after the Eurosceptic Finns Party grabbed second place in ...