Weekly inflation rises 3.65pc

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ISLAMABAD: The weekly inflation for the week ending on October 11 registered an increase of 3.65 per cent as compared to the previous week.

The Sensitive Price Indicator (SPI) for the week under review in the combined income group was recorded at 238.82 points against 230.40 points registered in the previous week, said the data of Pakistan Bureau of Statistics (PBS) released here on Friday.

As compared to the corresponding week of last year, the SPI for the combined group in the week under review increased by 6.52 per cent.

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

The SPI for the lowest income group up to Rs 8,000 also increased by 0.70 per cent, as it went up from 218.27 points in the previous week to 219.85 points in the week under review.

As compared to the last week, the SPI for the income groups from Rs8001-12,000, Rs12,001-18,000, Rs18,001-35,000 and above Rs35,000 also increased by 0.95 per cent, 0.85 per cent, 5.57 per cent and 5.98 per cent respectively.

During the week under review, average prices of five items registered decrease, 19 items increased while the price of remaining 29 items remained unchanged.

The items that registered a decrease in their prices during the week under review included tomatoes, bananas, pulse (mash), pulse (moong), and pulse (gram).

The items which recorded an increase in their average prices included gas charges, eggs (farm), chicken, garlic, potatoes, vegetable ghee (loose), LPG cylinder, rice irri-6, onions, rice basmati, wheat, pulse (masoor), wheat flour, gur, sugar, and cooking oil.

 

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