Weekly inflation slides down by 0.40pc

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The weekly inflation, measured by Sensitive Price Indicator (SPI), witnessed a decrease of 0.40 percent for combined consumption group during the week ended on December 15, Pakistan Bureau of Statistics (PBS) reported Friday.

The SPI for the week under review in the above-mentioned group was recorded at 217.64 points as compared to 218.51 points during the past week, according to PBS data.

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 29.42 percent.

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

The SPI for the lowest consumption group up to Rs 17,732 witnessed 0.77 percent decrease and went down to 225.69 points from last week’s 227.45 points.—APP