Weekly inflation decreases by 1.02 percent

Weekly inflation decreases by 1.02 percent

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on December 19 for the lowest income group up to Rs 8,000 registered a decrease of 1.02 percent as compared to the previous week.
The SPI for the week under review in the above mentioned group was recorded at 200.78 points against 202.84 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 decreased by 0.67 percent as it went down from 211.15 points in the previous week to 209.74 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 11.76 percent. 
As compared to the last week, the SPI for the income groups from Rs 8,001 to Rs 12,000, Rs 12,001 to Rs 18,000, Rs 18,001 to Rs 35,000 and above Rs 35,000 decreased by 0.88 percent, 0.79 percent, 0.68 percent and 0.48 percent, respectively.
During the week under review average prices of 12 items registered decrease, while that of 19 items increase with the remaining 22 items’ prices unchanged.
The items which registered decrease in their prices during the week under review included tomatoes, potatoes, onions, tea (packet), garlic, LPG, sugar, rice basmati broken, jaggery, wheat, egg (farm) and wheat flour (bag).
The items which recorded increase in their average prices included chicken live (farm), sandal gents, match box, masoor pulse (washed), mash plus (washed), bread plain, cooked dal (plate), shirting, long cloth, gram plus (washed), moong plus (washed), red chillies powder, vegetable ghee (ten), rice irri-p, vegetable ghee (loose), bananas, cooking oil ten and fire wood.
The items with no change in their average prices during the week under review included beef, mutton, milk fresh, milk powder, mustard oil, salt powder, cooked beef (plate), tea prepared (sada), cigarettes, lawn, georgette, chappal (gents), chappal (ladies), electric charges, kerosene oil, washing soap, petrol, diesel, telephone call and bath soap.

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