Weekly inflation up by 0.06 percent

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on Oct 3 for the lowest income group up to Rs. 8,000 registered an increase of 0.06 percent as compared to the previous week.

The SPI for the week under review in the above mentioned group was recorded at 199.57 points against 199.45 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).

The weekly SPI has been computed with base 2007-2008=100, covering 17 urban centers and 53 essential items for all income groups and combined.

The SPI for the combined group recorded increase of 0.20 percent and reached at 204.06 points which stood at 203.65 points in previous week.

As compared to the corresponding week of last year, the SPI for the combined group in the week under review swelled by 9.15 percent.

As compared to the last week, the SPI for the income groups from Rs.8001-12,000, 12,001-18,000, 18001-35,000 and above Rs.35,000 increased by 0.08 percent, 0.10 percent, 0.17 percent and 0.33 percent respectively.

During the week under review average prices of 9 items registered decrease, while that of 18 items increase with the remaining 26 items’ prices unchanged.

The items which registered decrease in their prices during the week under review included tomatoes, LPG (ii kg cylinder), tea, garlic, gur, garm pluses (washed), banana and egg hen (farm).

The items which recorded increase in their average prices included diesel,petrol, potatoes, match box, sugar, chicken live (farm), kerosene oil, mash pulse (washed), moong pulse (washed), beef, wheat, onion, wheat flour bag, masoor pulse (washed), mutton, milk powder, rice irri-6 and fire wood.

The items with no change in their average prices during the week under review included rice basmati (broken), bread plain, milk fresh, curd, mustard oil, cooking oil (tin), vegetable ghee (tin), vegetable ghee (loose), salt powder, cooked beef plate, cooked dal plate, tea prepared cup, cigarettes, long cloth, shirting, lawn, georgette, sandal gents, chappal spang, sandal ladies, electric charges, gas charges, energy savor, washing sop, telephone local call and bath soap.