ISLAMABAD: Weekly inflation for combined income group, measured through the Sensitive Price Index (SPI), witnessed a decline of 0.24 per cent for the week ended March 26 as compared to the previous week, Pakistan Bureau of Statistics (PBS) 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 decreased by 0.24pc over the previous week, while inflation for the top income group (Rs35,000 and above) was also down by 0.24pc.

As compared to the corresponding week of last year, the SPI for the combined group in the week under review declined by 2.82pc.

The items which recorded increase in their average prices included tea, garlic, sugar, chicken (farm), mash (pulse), moong (pulse), gram (pulse), gur, masoor (pulse), shirting and beef.

Published in Dawn, March 28th, 2015

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play