SPI shows modest fall of 0.10pc

Published October 1, 2005

ISLAMABAD, Sept 30: The Sensitive Price Index (SPI) showed a modest fall of 0.10 per cent during the week ending September 29 as compared to the previous week, according to the weekly price data released by the Federal Bureau of Statistics (FBS) here on Friday.

The data showed that a marginal decrease in the prices of tomatoes, sugar and eggs had resulted into declining of the overall SPI during the week under review.

The group-wise analysis of the behaviour of prices of 53 essential items prevailing in 17 towns of the country shows that the SPI witnessed a fall of 0.17 per cent for households in the two lower income brackets (Rs3,000 and Rs3,001-5,000).

While for the households with incomes between Rs5,001 to Rs12,000, the SPI indicated a decrease of 0.13 per cent, and for over Rs12,000 income, it slightly fell by 0.04 per cent.

According to the FBS data, the prices of 14 items went up during the period under review. These were: tomatoes (2.97 per cent), eggs (0.26 per cent), gur (0.49 per cent), match box (1.64 per cent), firewood (0.65 per cent), potatoes (0.44 per cent), milk fresh (0.26 per cent), mustard oil (0.05 per cent), chicken farm (2.28 per cent), LPG cylinder (0.20 per cent), beef (0.19 per cent), coarse latha (0.09 per cent) and cooking oil (0.05 per cent).

Following 17 items registered fall in their average prices during the week: onions (7.98 per cent), sugar (0.72 per cent), gram pulse washed (1.91 per cent), moong pulse washed (1.55 per cent), rice basmati broke (1.23 per cent), mash pulse washed (0.76 per cent), bananas (0.73 per cent), wheat (0.61 per cent), tea packet 250 kg (0.50 per cent), garlic (0.41 per cent), wheat flour (0.31 per cent), masoor pulse washed (1.15 per cent), vegetable ghee tin 2.5 kg (0.04 per cent), red chillies powdered (0.24 per cent) and vegetable ghee loose (0.03 per cent).