Weekly SPI swelled by 0.20 percent

  • October 4, 2013, 7:45 pm
  • Business News
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ISLAMABAD, Oct 04 (Online): The weekly inflation, measured by the Sensitive Price Indicator (SPI) increased slightly by 0.20 per cent for the week ending on Oct 03, the Pakistan Bureau of Statistic revealed.

The figures released by Pakistan Bureau of Statistics (PBS), weekly inflation for the income group earning up to Rs 8,000 per month has increased by 0.06percent as compared to the previous week.

The SPI for income group earning between Rs 8,001 and Rs 12,000 per month witnessed increased of 0.08 percent, while the SPI for the mid-level income group earning Rs 12,001 to Rs 18,000 per month swelled to 0.10 percent as compared to the previous week.

The SPI data shows increase of 0.17 percent for the upper mid-level earning Rs 18,001 to Rs 35,000 per month. Weekly inflation for income group earning above Rs 35,000 showed increase of 0.33 percent.

Data further showed that average price of eighteen items including, Diesel, petrol, potatoes, sugar, chicken live, kerosene oil, Moong pulse washed, beef, wheat, onion, wheat flour bag, Masoor Pulse washed, mutton, milk powered NIDO, Rice IRRI etc increased during the week ended on Oct 03.

Average price of nine items including tomatoes, LPG, tea, Garlic, Gur, Gram pulse washed, Red Chilies powered loose, Bananas and Egg hen live decreased.
PBS further revealed that rice Basmati broken, bread plain, milk fresh, curd, mustard oil, cooking oil, veg ghee, cooked Beef plate, cooked Dal Plate, tea prepared, cigarettes, long cloth, electric charges, energy savor 14 watts and washing soap etc remained unchanged.