Sunday , September 27 2020
Breaking News
Home / Business / Weekly inflation increases by 0.65pc
Weekly inflation increases by 0.65pc

Weekly inflation increases by 0.65pc

ISLAMABAD: Sensitive Price Indicator (SPI) based weekly inflation for the week ended on December 26, for the combined consumption group increased by 0.65 percent as compared to the previous week.
The SPI for the week under review in the above mentioned group was recorded at 130.87oints against 130.02 points registered in the previous week, according to the latest data released by the Pakistan Bureau of Statistics (PBS).
The weekly SPI was collected with base 2015-16=100 covering 17 urban centers and 51 essential items for all expenditure groups.
The SPI for the lowest consumption group up to Rs17,732 witnessed 0.25 percent increase and went up from 133.67 points in last week to 134.01 points during the week under review.
As compared to the corresponding week of last year, the SPI for the combined consumption group in the week under review witnessed an increase of 18.51 percent, while, for the lowest group, it increased by 17.89 percent.
Meanwhile, the SPI for the consumption groups from Rs17,733to 22,888, from Rs 22,889 to 29,517, Rs 29,518 to 44,175 and above Rs44,175 per month also increased by 0.34 percent, 0.45 percent, 0.55 percent and 0.81 percent respectively.
During the week under review, average prices of 05 item registered decrease, while that of 21 items prices increased with the remaining 25 items’ prices unchanged.

The prices of the commodities that recorded decrease in their prices during the week under review included tomatoes, onions, garlic and mustard oil.
The items, which recorded increase in their average prices included LPG, chicken, bananas, pulse moong, washing soap, eggs hen (farm), gur, pulse gram, sugar, pulse masoor, pulse mash, energy saver, georgette, vegetable ghee (tin), vegetable ghee (loose), wheat flour bag, bread plain, rice basmati, cooking oil, fire wood and riceirri-6.Similarly, the prices of the commodities that observed no change in their price during the week under review included beef with bone, mutton, milk fresh, powdermilk, salt powder, curd, chillies powder, tea, cooked beef, cooked daal, tea prepared cup, cigarettes, long cloth, shirting, lawn, gents sandal, gents chappal, ladies sandal, electricity charges, gas charges, match box, petrol, hi-speed diesel, telephone calls and toilet soap.