Uptick in weekly inflation

Published May 1, 2021
Inflation based on Sensitive Price Index for the combined consumption group for the week ended on April 29  witnessed a nominal increase of 0.05 per cent as compared to the previous week. — Reuters/File
Inflation based on Sensitive Price Index for the combined consumption group for the week ended on April 29 witnessed a nominal increase of 0.05 per cent as compared to the previous week. — Reuters/File

ISLAMABAD: Inflation based on Sensitive Price Index for the combined consumption group for the week ended on April 29 witnessed a nominal increase of 0.05 per cent as compared to the previous week.

The SPI for in the above mentioned group was recorded at 148.27 points against 148.20 points registered in the previous week, showed data released by the Pakistan Bureau of Statistics (PBS) on Friday.

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 16.90pc.

The weekly SPI with base year 2015-16 is covering 17 urban centres and 51 essential items for all expenditure groups. The SPI for the lowest consumption group up to Rs17,732 witnessed 0.15pc increase during the week under review.

Meanwhile, for the consumption groups from Rs17,732-22,888 and Rs22,889-29,517, the SPI rose 0.15pc while for Rs29,518-44,175 it increased by 0.10pc.

For income group above Rs44,175, the SPI decreased by 0.02pc.

During the week, prices of 9 items decreased, 12 items increased while that of 30 items remained constant.

The items, which recorded decrease in their average prices, included tomatoes, onions, eggs, LPG Cylinder, chicken, garlic, mash pulse, moong pulse and mustard oil.

Published in Dawn, May 1st, 2021

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