Weekly inflation goes up by 0.37pc

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ISLAMABAD: The weekly inflation for the combined income group witnessed an increase of 0.37 per cent as compared to the previous week.

The Sensitive Price Indicator (SPI) for the week under review (Sep 27) in the above-mentioned group was recorded at 229.17 points against 228.33 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS). Similarly, as compared to the corresponding week of the last year, the SPI for the combined group in the week under review increased by 1.76 per cent.

The weekly SPI has been computed with base 2007-08=100, covering 17 urban centres and 53 essential items for all income groups and combined.

The SPI for the lowest income group up to Rs 8,000 was also increased by 0.35 per cent as it went up from 216.64 points in the previous week to 217.39 points in the week under review.

As compared to the last week, the SPI for the income groups from Rs 8,001-12,000, Rs 12,001-18,000, 18,001-35,000 and above Rs35,000 also increased by 0.32 per cent, 0.34 per cent, 0.36 per cent and 0.4 per cent respectively.

During the week under review, average prices of four items registered a decrease, 18 items increased while prices of 31 items remained unchanged.

The items that registered a decrease in their prices during the week under review included LPG cylinder, garlic, red chilli powder, and pulse (mash).

The items which recorded increase in their average prices included cigarettes, potatoes, eggs, tomatoes, chicken farm, pulse (moong), wheat, pulse gram, onions, wheat flour, bananas, gur, mustard oil, sugar, vegetable ghee, cooked beef, and cooked pulses.

The items with no change in their average prices during the week under review included basmati rice (broken), rice (irri-6), bread (plain), beef, mutton, milk fresh, curd, powdered milk, cooking oil (tin), vegetable ghee (tin), salt powder, tea, tea prepared, long cloth, shirting, printed lawn, georgette, gents sandal, ladies sandal, electricity, gas, kerosene oil, firewood (whole), electricity bulb, washing soap, petrol, matchbox, high-speed diesel, telephone call charges, and bathing soap.

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