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commodity market2 400ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on August 2, for the lowest income group up to Rs.8,000, registered increase of 0.40 per cent as compared to the previous week.

The SPI for the week under review in the above mentioned group was recorded at 178.21 points against 177.50 points registered in the previous week, according to provisional figures of Pakistan Bureau of Statistics (FBS).

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 increased by 0.69 per cent as it went up from 183.53 points in the previous week to 184.79 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 witnessed increase of 6.42 percent.

As compared to the last week, the SPI for the income groups from Rs.8001- 12,000, 12,001-18,000, 18001-35,000 and above Rs.35,000 increased by 0.45, 0.51, 0.63 and 0.90 respectively.

During the week under review average prices of 12 items registered decrease, while that of 22 items increase with the remaining 19 items' prices unchanged.

The items which recorded decrease in their average prices during the week under review included bananas, egg hen (farm), potatoes, garlic, moong pulse (washed), masoor pulse (washed), chicken live (farm), vegetable ghee (loose), mash pulse (washed), vegetable ghee (tin), cooking oil (tin) and firewood.

The items which registered increase in their prices included tomatoes, petrol, LPG( 11 kg cylender), kerosene oil, diesel, rice (irri-6), shirting, onions, milk (fresh), wheat flour (bag), rice basmati (broken), washing soap, lawn, long cloth, sugar, wheat, mutton, gram pulse (washed), red chillies (loose), curd, mustard oil and beef

The items with no change in their average prices during the week under review included bread (plain), milk (powdered), gur, salt (powdered), tea (packet), cooked beef, cooked dal, tea (prepared), cigarettes, georgette, sandal (gents), chappal(gents), sandal (ladies), electric charges, gas charges (upto 100m3), energy savor, match box, telephone local call and bath soap (standard).

Copyright APP (Associated Press of Pakistan), 2012

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