Weekly inflation falls 0.22 pc


ISLAMABAD: The weekly inflation for the week ended on February, 25 for the combined income group fell by 0.22 percent as compared to the previous week.

The Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was recorded at 215.03 points against 215.50 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).

Similarly, as compared to the corresponding week of last year, the SPI for the combined group in the week under review increased by 4.50 percent, the data added.

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.

Meanwhile, the SPI for the lowest income group up to Rs 8000 was decreased by 0.23 percent as it went down from 206.90 points in the previous week to 206.43 points in the week under review.

As compared to the last week, the SPI for the income groups from Rs 8001-12,000, Rs 12,001-18,000 and 18,001-35,000 also decreased by 0.22 percent, 0.23 percent, 0.22 percent and 0.21 percent respectively.

During the week under review average prices of 12 items registered decrease, while that of 07 items increase with the remaining 34 items’ prices unchanged.

The items which registered decrease in their prices during the week under review including egg hen (farm), tea, LPG cylinder, potatoes, onion, pulse gram (washed), pulse moong (washed), sugar, bananas, wheat flour (bag), cooking oil and vegetable ghee (tin).

The items which recorded increase in their average prices included chicken live (farm), potatoes, garlic, vegetable ghee (pouch), gur, pulse mash (washed) and wheat.

The items with no change in their average prices during the week under review included rice basmat (broken), rice irri-6, bread plain, beef, mutton,  milk fresh, curd, powder milk, mustard oil, pulse masoor (washed), salt powder, cooked daal, cooked beef, tea prepared cup, cigarettes, long cloth, shirting, lawn, georgette, gents sandal, ladies sandal, gents chappal, electricity charges, kerosine oil, fire wood, washing soap, electric bulb, match box, petrol, hi-sped diesel, telephone local calls and bath soap.