Saturday, 26 March 2016

Weekly inflation up 0.48pc

The weekly inflation for the week ended March 24 for the combined income group witnessed an increase of 0.48 percent as compared to the previous week.


The Sensitive Price Indicator (SPI) for the week under review in the mentioned group was recorded at 215.63 points against 214.61 points registered in the previous week according to the Pakistan Bureau of Statistics (PBS) data.  Similarly, the SPI for the combined group in the week under review also increased by 4.28 percent as compared to the corresponding week of last year.  The weekly SPI has been computed with base 2007-2008=100 covering 17 urban centres and 53 essential items for all income groups and combined.

The SPI for the lowest income group up to Rs8,000 increased by 0.31 percent as it went up from 206.48 points in the previous week to 207.13 points in the week under review.  As compared to last week, the SPI for the income groups from Rs8,001-Rs12,000, Rs12,001-Rs18,000 and Rs18,001-Rs35,000 increased by 0.38 percent, 0.44 percent, 0.50 percent, and 0.54 percent respectively.

Average prices of seven items registered decrease while 15 items increased whereas the prices of 31 items remained unchanged.

The items which registered decrease in their prices during the week under review included eggs (hen), potatoes, LPG (Cylinder), wheat, wheat-flour, red chilli powder, and rice irri 6. The items which recorded increase in their average prices included chicken live (farm), tomatoes, bananas, sugar, kerosene oil, garlic, masoor pulse (washed), gram pulse (washed), cigarettes, onions, vegetable, ghee, and mutton.

The items with no change in their average prices during the week under review included rice basmati (broken), bread, beef, mutton, milk (fresh), curd, powder milk, cooking oil (tin), vegetable ghee (tin), salt, powder tea (packet), cooked beef, cooked daal , tea(prepared), long cloth, shirting lawn (printed), georgette, gents sandal, gents chappal, ladies sandal, electricity charges, gas charges, firewood, electric bulb, washing soap, matchbox, petrol, hi speed diesel, telephone calls local, and bath soap.

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