SPI moves up slightly

Published October 7, 2003

ISLAMABAD, Oct 6: Sensitive Price Indicator moved up by 0.02 per cent during the week ending October 2, 2003, according to the weekly price statement of the Federal Bureau of Statistics.

In fact, the brunt of the persistent price spiral was borne by the lower and middle income groups. The SPI for the households with incomes up to Rs3000 climbed by 0.07pc, for those in income bracket of Rs3001-5000 by 0.10pc and for those in the income bracket of Rs5001-12000 by 0.11pc.

SPI declined by 0.07pc for the households with incomes above Rs12000, thus reducing the average increase in overall SPI to 0.02pc.

Only six items in the 53-item basket of SPI declined during the period under review. Three of these were hydrocarbon fuels including diesel, petrol and kerosene the prices of which were reduced by 3.30pc, 1.97pc and 1.93pc, respectively.

Besides, the average prices of banana, onions and potatoes declined by 2.68pc, 0.90pc and 0.66pc, respectively.

Based on the prices collected in 17 towns of Pakistan, the prices of 14 essential items increased during the period under review, as compared to previous week. These included:

Tomatoes (9.73pc), chicken farm (2.53pc), LPG (11 kg cylinder) (1.12pc), egg (farm) (0.83pc), gur (0.67pc), mash pulse washed (0.49pc), red chilies (powdered) (0.30pc), moong pulse washed (0.24pc), mustard oil (0.23pc), wheat (0.22pc), garlic (0.17pc), vegetable ghee (loose) (0.16pc), gram pulse washed (0.12pc) and sugar (0.05pc).

Besides, the average rate of CNG too registered an increase of 0.49pc, as compared to previous week.

CEMENT: The period under review saw a decline of 0.28pc in the price of cement, based on the prices prevailing in 8 cities of Pakistan. Its price ranged from Rs210 per 50 kg bag (Hyderabad) to Rs230 (Islamabad and Quetta).

FERTILIZERS: Prices of two fertilizers, Urea Kisan and T. SP. Phosphate (GR) declined by 0.11pc and 12.50pc, respectively, while those of seven others increased as follows: Urea Sona (0.10pc), Dia Ammon. Phosphate (0.05pc), Nitro Phosphate (0.83pc), S.SP. Phosphate (GR) (0.18pc), S.SP. Phosphate (PD) (1.76pc), C. Ammonium Nitrate (0.77pc) and Sulphate of Pot. (0.11pc).

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...