Weekly inflation goes up

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ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on June 27 for the lowest income group up to Rs.8,000 registered increase of 1.08 per cent as compared to the previous week.
The SPI for the week under review in the above mentioned group was recorded at 193.86 points against 191.78 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 1.03 per cent as it went up from 197.41 points in the previous week to 199.44 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 5.66 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 1.07 percent, 1.09 percent, 1.08 and 0.95 percent respectively.
During the week under review average prices of 7 items registered decrease, while that of 20 items increase with the remaining 26 items' prices unchanged.
The items which registered decrease in their prices during the week under review included diesel, LPG (11 KG Cylinder), petrol, onions, kerosene oil and garlic.
The items which recorded increase in their average prices included tomatoes, chicken (farm), egg hen (farm), cigarettes, moong pulse (washed), wheat flour (bag), rice (irri-6), wheat, gas charges, bath soap, mash pulse (washed), beef, bananas, milk (fresh), vegetable ghee (loose), gur, mutton, sugar and red chillies (powder).
The items with no change in their average prices during the week under review included rice basmati (broken), bread (plain), curd, milk (powdered), mustard oil, cooking oil (tin), vegetable ghee (tin), potatoes, salt (powdered), tea (packet), cooked beef, cooked dal, tea prepared, long cloth, shirting, lawn, georgette, sandal (gents), chappal, sandal (ladies) electric charges, firewood, energy savour, washing soap, match box and telephone local call.

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