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imageISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on January 08, 2015 for the lowest income group up to Rs 8,000 registered a decrease of 0.26 percent as compared to the previous week.

The SPI for the week under review in the above mentioned group was recorded at 202.58 points against 203.10 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 also decreased by 0.35 percent as it went down from 211.28 points in the previous week to 210.53 points in the week under review.

As compared to the corresponding week of last year, the SPI for the combined group in the week under review increased by 0.53 percent.

As compared to the last week, the SPI for the income groups from Rs.8001-12,000, Rs.12,001-18,000, Rs.18001-35,000 and above Rs.35,000 decreased by 0.32 percent, 0.35 percent, 0.37 percent and 0.37 percent respectively.

During the week under review average prices of 15 items registered decrease, while that of 09 items increase with the remaining 29 items' prices unchanged.

The items which registered decrease in their prices during the week under review included chicken (farm), LPG cylinder, tomatoes, potatoes, cooking oil, eggs (farm), vegetable ghee (loose), vegetable ghee (tin), wheat flour, bananas, masoor pulse, mash pulse, rice (irri-6), mustard oil and wheat.

The items which recorded increase in their average prices included onions, garlic, firewood, moong pulse, tea (prepared), gur, rice basmati (broken), sugar, red chilly.

The items with no change in their average prices during the week under review included bread, beef, mutton, milk (fresh), curd, gram pulse, salt (powdered), tea (packet), cooked beef, cigarettes, long cloth, shirting, lawn, georgette, sandal (gents), chappal, sandal (ladies), electricity charges, gas charges, kerosene oil, electric bulb, washing soap, match box, petrol, diesel, telephone local call and bath soap.

Copyright APP (Associated Press of Pakistan), 2015

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