Business

Weekly inflation eases by 0.12pc

The weekly SPI with base 2007-2008=100 covering 17 urban centers and 53 essential items for all income groups and combined has been computed by Pakistan Bureau Statics (PBS).

SPI for the week ended on September 04 for the lowest income group up to Rs. 8,000 registered decline of 0.12 per cent as compared to the previous week. The points in the above mentioned group was recorded at 208.26 points against 208.00 points registered in the previous week, according to data of PBS.

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 0.11 per cent, 0.11 percent, 0.12 percent and 0.14 percent respectively.

During the week under review average prices of 17 items registered decrease, while that of 11 items increase with the remaining 25 items’ prices unchanged.

The items which registered decrease in their prices during the week under review includes Onions, Potatoes, Bananas, Dozen, Pulse Moong, Washed, Petrol(Super), Kerosene Oil, Garlic, Hi Speed Diesel, Pulse Masoor (Washed), Pulse Gram (Washed), Tomatoes, Red Chilly Powder, Tea, Wheat, Vegetable Ghee, Firewood Whole, Wheat Flour.

The items which recorded increase in their average prices include Sugar, Georgette, Average Quality,Eggs (Hen), Chicken (Farm, Broiler, Live), Shirting, Average Quality, (SN), Milk (Fresh, Unboiled), Mutton, Beef, Gur, Curd, LPG Cylinder.

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