Weekly inflation witnesses decrease

The Sensitive Price Indicator (SPI), for the week ended on January 20, for the lowest income group up to Rs.3,000, has registered a decrease of 0.32 percent over the previous week.

The SPI for the week under review in the above mentioned group was recorded at 300.06 points as against 301.02 points registered in the previous week, according to provisional figures of Federal Bureau of Statistics (FBS).

The weekly SPI was computed with base 2000 2001=100 covering 17 urban centres and 53 essential items for all income groups and combined.

The SPI for the combined group also decreased by 0.27 per cent as it went down from 285.18 points in the previous week to 284.42 points in the week under review.

As compared to the corresponding week of last year, the SPI for the combined group in the week under review witnessed increase of 18.12 percent.

As compared to the last week, the SPI for the income groups ranging from Rs.3001 5000, Rs.5001 12000 and above Rs.12000 decreased by 0.32 percent, 0.28 percent and 0.20 percent respectively.

During the week under review average prices of 11 items registered decrease, 19 increase while prices of 23 items remained unchanged.

The items which recorded decrease in their average prices during the week under review included tomatoes, onions, potatoes, garlic, sugar, gur, mash pulse (washed), masoor pulse (washed), egg hen (farm), vegetable ghee (loose) and gram pulse (washed).

The items which recorded increase in their average prices during the week under review included bananas, LPG(11 kg cylinder), mustard oil, chicken (farm), rice (irri-6), salt powdered, shirting, voil (printed), coarse latha, rice basmati (broken), vegetable ghee (tin), cooking oil (tin), red chillies, firewood, washing soap, milk (fresh), moong pulse (washed), wheat  (average quality, and wheat flour (average quality).

The items with no change in their average prices during the week under review included beef, mutton, bread, milk (powdered), curd, tea (packet), tea (prepared), cooked dal, coocked beef, cigarettes, lawn, sandal (gents), sandal (ladies), chappal, kerosene, electricity bulb, match, bath soap, gas charges (up to 3.3719 MMBTU), electricity charges (1-100  unit), petrol, diesel and telephone local call.