ISLAMABAD: Sensitive Price Indicator (SPI) monitors the price movement of 51 essential items on weekly basis. The SPI for the week ended on 05th, March 2020 decreased by 0.32%. The last week it also decreased by 1.16%. This is the fourth consecutive decline in SPI.
Twelve (12) items recorded decline in prices some of these are: Tomatoes 10.8%, LPG 8.4%, Petrol Super 4.2%, Diesel 3.9%, Garlic 2.7%, Pulse Gram 2.2%, Wheat Flour 1.2%, Chicken 0.8%, Masoor Pulse 0.8%, Mash Pulse 0.5%, Pulse Moong 0.5% and Mustard Oil 0.2%.
Eighteen (18) items recorded increases in their prices and some of these are; Potatoes 8.3%, Onions 5.9%, Eggs 4.1 %, Sugar 2.4%,Long cloth 1.7%, Bananas 1.4%, Rice Irri 1.0%, Georgette 0.9%, Mutton 0.4% and Vegetable ghee 0.04%.
Prices of Twenty One (21) items remained stable.
Table given below presents the SPI trend during January, February and March 2020.
Week ended on percentage change over last week
Expenditure group SPI for Combined income group
02-01-2020 0.90 0.74
09-01-2020 0.45 0.36
16-01-2020 -0.43 -0.18
23-01-2020 -0.55 -0.40
30-01-2020 -0.31 -0.36
06-02-2020 0.48 0.21
13-02-2020 -0.47 -0.38
20-02-2020 -0.03 -0.14
27-02-2020 -1.34 -1.16
05-03-2020 0.28 -0.32
- Prices comparison during the current week, previous week as well as corresponding week of last year is at annex-I.