Weekly inflation eases 0.22 percent

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Sensitive Price Indicator (SPI) based weekly inflation for the week ended on July 21 for the combined consumption group, witnessed a decrease of 0.22 percent as compared to the previous week.

SPI for the week under review in the above mentioned group was recorded at 200.10 points against 200.55 points registered in the previous week, according to the latest data of Pakistan Bureau of Statistics (PBS) released here Friday.

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 32.82 percent.

The weekly SPI with base year 2015-16=100 is covering 17 urban centers and 51 essential items for all expenditure groups.

However, Sensitive Price Indicator for the lowest consumption group up to Rs 17,732 witnessed 0.33 percent increase and went up from 206.12 points in last week to 206.79 points during the week under review.—APP

 

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