SPI declines by 0.38pc

Published November 9, 2003

ISLAMABAD, Nov 8: Federal Bureau of Statistics (FBS) on Saturday reported a 0.38 per cent decline in Sensitive Price Indicator (SPI) during the week ending Nov 6, 2003 which also saw a sharp increase in rates of petroleum products.

The bureau based its results on 0.66pc decrease in SPI for food group over the previous week, which was attributable mainly to seasonal phenomenon of increased supply of certain vegetables. Yet, the SPI for Transport & Communications group shot up by 1.94pc and that for non-food group by 0.27pc.

Based on average of prices collected in 17 cities of Pakistan in respect of 53 essential items, the prices of 15 items showed decrease during the period under review, as compared to previous week as follows:

Tomatoes (-14.63pc), onions (-8.65pc), potatoes (-4.24pc), chicken farm (-3.15pc), washing soap (nylon) (-3pc), garlic (-1.60pc), sugar (-1.06pc), bananas (-0.75pc), gur (-0.71pc), LPG (11 kg cylinder) (-0.48pc), milk fresh (-0.32pc), gram pulse washed (-0.29pc), curd (-0.26pc), masoor pulse washed (-0.20pc) and red chilies (-0.13pc).

The period under review also registered substantial increase in prices of 15 essential items as follows: diesel (4.19pc), kerosene (3.13pc), egg (farm) (1.95pc), petrol (1.58pc), wheat (1.44pc), wheat flour average quality (0.62pc), vegetable ghee (loose) (0.58pc), mustard oil (0.55pc), beef (0.42pc), mutton (0.41pc), firewood (0.39pc), rice basmati broken (0.37pc), cooking oil (tin) (0.18pc), mash pulse washed (0.8pc) and moong pulse washed (0.04pc).

Furthermore, the price of cement also decreased slightly by 0.02pc, as compared to previous week.

Analysed from the point of economic groups, the FBS statement registered a decline of 0.40pc in SPI for the lower income group with incomes up to Rs3,000 per month. The index also dropped by 0.43pc for the income group Rs3001-5000 and by 0.46pc for that in the income bracket Rs5,001-12,000 by 0.46pc, while households with incomes above Rs12,000 underwent a decrease of 0.26pc.

According to a table, the FBS also reports an increase of 0.18pc in the rates of CNG. The prices peaked at Rawalpindi/Islamabad at Rs25.45 per kg, irrespective of the fact that all the gas used in the twin cities is extracted from the vast gas reservoirs in their own periphery.

FERTILIZER: All the varieties of chemical fertilizers, with 2 exceptions, became dearer during the period under review.

Opinion

Editorial

Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....
Soft on traders
08 Jun, 2026

Soft on traders

THE Fixed Tax Asaan Scheme for traders with an annual turnover of up to Rs200m has been designed as a ‘pragmatic...
Ceasefire in name
Updated 08 Jun, 2026

Ceasefire in name

Both sides accuse the other of violating the truce that was supposed to halt the conflict in April, yet neither appears willing to abandon negotiations altogether.
Damaged childhoods
08 Jun, 2026

Damaged childhoods

CHILD abuse is so prevalent that the UN ranked Pakistan as the least safe country for children. Even so, more than...