Weekly inflation falls by 0.19%

ISLAMABAD: The weekly inflation for the week ended on December 3, for the combined income group decreased by 0.19 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 218.39 points against 218.81 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 2.97 percent.

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 witnessed a decrease of 0.33 percent as it declined from 210.60 points in the previous week to 209.91 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 decreased by 0.28 percent, 0.25 percent, 0.20 percent and 0.12 percent respectively.

During the week under review average prices of 09 items registered decrease, while that of 15 items increase with the remaining 29 items’ prices unchanged.

The items which registered decrease in their prices during the week under review included onions, tomatoes, gur, sugar, rice basmati (broken), pulse gram, kerosene oil, potatoes and garlic.

The items which recorded increase in their average prices included LPG cylinder, cigarettes, bananas, chicken (farm), eggs (farm), wheat flour, wheat, pulse moong, soap, pulse masoor, red chilly powder, firewood whole, vegetable ghee and mutton.

The items with no change in their average prices during the week under review included rice irri-6, bread plain, beef with bone, milk fresh, curd, powdered milk, mustard oil, cooking oil (tin), vegetable ghee (tn), salt powder (loose), tea, cooked beef, cooked pulses, tea prepared, long cloth, shirting, law printed, georgette, gents shoes,, ladies shoes, electricity charges, electric bulb, washing soap, match box, petrol, Hi Speed Diesel and telephone local call charges.


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