SPI declines

Published March 12, 2016

ISLAMABAD: Weekly inflation for combined income group, measured through the Sensitive Price Index (SPI), decreased by 0.12 per cent for the week ended March 10 as compared to the previous week, Pakistan Bureau of Statistics data showed on Friday.

SPI monitors prices of 53 items based on the survey of markets in 17 cities.

The impact of prices on various income groups also witnessed variations during the week under review.

For the lowest income group earning up to Rs8,000, the SPI declined by 0.13pc over the previous week, and inflation for the top income group (Rs35,000 and above) was down by 0.11pc.

As compared to the corresponding week of last year, the SPI for the combined group in the week under review increased by 3.12pc.

Published in Dawn, March 12th, 2016

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