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Sunday, November 24, 2024

Home Business Weekly inflation slips 0.07pc as flour, wheat prices dip

Weekly inflation slips 0.07pc as flour, wheat prices dip

by News desk
September 26, 2021
in Business

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Islamabad

The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on September 23, 2021 for the combined consumption group witnessed a decrease of 0.07 percent as compared to the previ-ous week while it went 13.88 percent up on a year-on-year (YoY) basis.

According to data released by the Pakistan Bu-reau of Statistics (PBS) on Friday, the combined index was at 157.19 on September 23, 2021 as com-pared to 157.30 on September 16, 2021 while the index was recorded at 138.03 a year ago on Sep-tember 24, 2020.

The SPI is computed on a weekly basis to assess the price movements of essential commodities at a shorter interval of time so as to review the price situation in the country. —TLTP