Weekly inflation falls by 0.18 percent | Pakistan Today

Weekly inflation falls by 0.18 percent

The Sensitive Price Indicator (SPI) for the week ended on July 19 where the lowest income group up to Rs 8,000 registered decrease of 0.18 percent as compared to the previous week.

The SPI for the week under review for the above mentioned group was recorded at 195.33 points against 195.69 points registered in the previous week, according to data of the Pakistan Bureau of Statistics (PBS).

The weekly SPI was 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 0.38 percent as it went down from 201.25 points to 200.48 points during the same period, the data stated.

In contrast to the corresponding week of last year, the SPI for the combined group in the week under review witnessed an increase of 8.37 percent.

In contrast to the previous week the SPI for the income groups from Rs 8001-12,000, 12,001-18,000, 18001-35,000 and above Rs 35,000 decreased by 0.26 ,0.34 ,0.41 and 0.46 percent, respectively.

During the week under review the average prices of 14 items registered decreases, 17 items showed increases while the remaining 22 items prices remained unchanged.

The items which registered decreases included tomatoes, chicken live (farm), onions, red chillies (powder), gram pulse (washed), rice (irri-6), egg hen (farm) LPG, sugar, kerosene oil, rice basmati (broken), vegetable ghee (loose) mustard oil and mash pulse (washed).

The items which recorded increases in their average prices included bananas, cooked daal, wheat flour (bag), gur, cooked beef, wheat, moong pulse (washed), salt (powdered), curd, garlic, bread (Plain), potatoes, milk (fresh), long cloth, beef, masoor pulse (washed) and shirting.

The items with no change in their average prices during the week

under review included mutton, milk (powdered), cooking oil (tin), tea (packet), tea (prepared), cigarettes, lawn, georgette, sandal (gents) chappal, sandal (ladies), electric charges, gas charges, firewood, energy savor, washing soap, match box, petrol, diesel, telephone local call and bath soap.

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