Weekly inflation increases 1.71%

Weekly inflation increases 1.71%

ISLAMABAD: The weekly inflation for the week ended on June 13, for the combined income group witnessed increase of 1.71 percent as compared to the previous week.

According to data of Pakistan Bureau of Statistics said that the Sensitive Price Indicator for the week under review in the above mentioned group was recorded at 227.74 points against 223.91points registered in the previous week.

Similarly, as compared to the corresponding week of last year, the SPI for the combined group in the week under review increased by 3.59 percent.

The weekly SPI has been computed with base 2007-08=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 8,000 was also increased by 2.15 percent as it went up from 208.68 points in the previous week to 213.16 points in the week under review. APP