Weekly inflation downs for the week ended on Dec 26
ISLAMABAD: The Sensitive Price Index (SPI) for the combined group has been decreased by 0.22 per cent to 10.71 per cent for the week ended on December 26, ARY News reported.
The weekly Sensitive Price Indicator (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).
The SPI for the week ended on December 26 for the lowest income group up to Rs 8,000 registered decrease of 0.39 per cent as compared to the previous week.
The SPI for the week which ended on in the above mentioned group was recorded at 209.27 points against 209.74 points registered in the previous week.
According to PBS, 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.35000 decreased by 0.32 per cent, 0.28 per cent, 0.22 and 0.15 per cent respectively.
During the week under review average prices of 08 items registered increase, while that of 16 items decrease with the remaining 29 items’ prices unchanged.
Prices of most of the essential kitchen items remained stable except slight increase in chicken prices during last week as compared to the preceding week.
Mixed trend was witnessed in vegetable prices as prices of some vegetables remain stable, while other registered decline during last week as compared to the previous week while Fruit prices also remained stable.