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commodity2 400ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on August 23, for the lowest income group up to Rs.8,000, registered increase of 1.29 per cent as compared to the previous week.

The SPI for the week under review in the above mentioned group was recorded at 182.36 points against 180.03 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 1.16 per cent as it went up from 186.32 points in the previous week to 188.49 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 8.55 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 1.19 percent, 1.18 percent, 1.16 percent, 1.13 percent and 1.16 percent respectively.

During the week under review average prices of 05 items registered decrease, while that of 22 items increase with the remaining 26 items' prices unchanged.

The items which recorded decrease in their average prices during the week under review included bananas, red chillies (powder), moong pulse (washed), gur and vegetable ghee (loose).

The items which registered increase in their prices included onions, tomatoes, potatoes, diesel, petrol, kerosene oil, garlic, chicken live (farm), wheat flour (bag), washing soap, wheat, mutton, energy savor, LPG ( 11 kg cylender), vegetable ghee (tin), beef, mash pulse (washed), gram pulse (washed), egg hen (farm), rice (irri-6), sugar and rice basmati (broken).

The items with no change in their average prices during the week under review included bread plain (mid size), milk (fresh), curd, milk (powdered), mustard oil, cooking oil (tin), masoor pulse (washed), salt powdered (loose), tea (packet), cooked beef, cooked dal, tea (prepared), cigarettes, long cloth, shirting, lawn, georgette, sandal (gents), chappal (gents), sandal (ladies), electric charges, gas charges (upto 100m3), firewood, match box, telephone local call and bath soap.

Copyright APP (Associated Press of Pakistan), 2012

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