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imageISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on September 18 for the lowest income group up to Rs. 8,000 registered nominal increase of 0.20 percent as compared to the previous week.

The SPI for the week under review in the above mentioned group was recorded at 209.70 points against 209.28 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 increased by 0.18 per cent as it went up from 217.06 points in the previous week to 217.46 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 increased of 7.09 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 increased by 0.20 percent, 0.19 percent, 0.19 percent and 0.17 percent respectively.

During the week under review average prices of 8 items registered decrease, while that of 22 items increase with the remaining 23 items' prices unchanged.

The items which registered decrease in their prices during the week under review included bananas, rice (irri-6), potatoes, cooking oil, red chilly powder, vegetable ghee (loose), mustard oil, vegetable ghee (tin).

The items which recorded increase in their average prices included LPG Cylinder, tomatoes, eggs (farm), masoor pulse (washed), chicken (farm), moong pulse, mash pulse, garlic, onions, gur, salt (powder), tea (packet), wheat, powdered milk, rice basmati, bread (plain), gram pulse, mutton, wheat flour (bag), sugar, electric bulb and kerosene oil.

The items which registered no change in prices included beef, milk (fresh), curd, cooked beef, cooked daal, tea (prepared), cigarettes, long cloth, shirting, lawn, georgette, sandal (gents), chappal, sandal (ladies), electricity charges, firewood, washing soap, match box, petrol, diesel, telephone local call and bath soap.

Copyright APP (Associated Press of Pakistan), 2014

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