Islamabad
The Sensitive Price Indicator (SPI) based weekly inflation dipped 0.12 percent for the week ended on November 5 as compared to the previous week.
According to the latest data of Pakistan Bureau of Statistics (PBS), the SPI for the combined consumption group was recorded at 142.81 points against 142.98 points registered in the previous week. However, the SPI for the combined consumption group in the week under review witnessed an increase of 8.93 percent if compared to the corresponding week of last year.
The weekly SPI with base year 2015-16=100 is covering 17 urban centres and 51 essential items for all expenditure groups. The Sensitive Price Indicator for the lowest consumption group up to Rs17,732 witnessed 0.33 percent decrease and went down from 151.34 points in last week to 150.84 points during the week under review.
Meanwhile, the SPI for the consumption groups from Rs17,732-22,888, Rs22,889-29,517; Rs29,518-44,175; Rs29,518 to Rs44,175 and above Rs 44,175 per month also decreased by 0.32 percent, 0.23, percent; 0.17 percent and 0.03 percent respectively. During the week, prices of 14 items decreased, 14 items increased while that of 23 items remained constant. The items, which recorded decrease in their average prices, included tomatoes, wheat flour, moong pulse, sugar, petrol, gur, rice (Basmati broken), diesel, beef, rice (Irri 6/9), bananas, eggs, vegetable ghee and cooking oil. The commodities, which recorded an increase in their average prices, included chicken, LPG Cylinder, onions, garlic, pottoes, firewood, shirign, long cloth, washing soap, mash pulse, Masoor pulse, milk (powdered), gram pulse and mustard oil.—TLTP
