SPI further decelerates 0.22pc, easing kitchen items’ prices


Staff Reporter


The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on December 17, for the combined consumption group, witnessed nominal decrease of 0.22 percent as compared to the previous week.
The SPI for the week under review in the above mentioned group was recorded at 140.73 points against 141.04 points registered in the previous week, according to the latest data of Pakistan Bureau of Statistics (PBS).
As compared to the corresponding week of last year, the SPI for the combined consumption group in the week under review witnessed an increase of 8.24 percent.
The weekly SPI with base year 2015-16=100 is covering 17 urban centers and 51 essential items for all expenditure groups.