WEB DESK: The Weekly Sensitive Price Indicator (SPI) for the Combined Groupregistered a substantial YoY increase of 41.05 per cent for the weekconcluding on November 30, 2023.
However, there was a marginal week-on-week (WoW) decline of 0.23 per centcompared to the preceding week.
This marks the third consecutive week where the yearly SPI has maintainedlevels above the 40 per cent threshold, primarily attributed to asignificant surge in gas prices.
Data released by the Pakistan Bureau of Statistics (PBS) indicates that thecombined index stood at 308.2, slightly lower than the 308.9 recorded onNovember 23, 2023. A year ago, on December 1, 2022, the index was notablylower at 218.51.
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Among the 51 items monitored, the average price of 13 items increased, 14items witnessed a decrease, and 24 items remained stable.
Noteworthy increases were observed in the prices of tomatoes (17.64 percent), potatoes (5.11 per cent), chicken (3.58 per cent), sugar (2.01 percent), and tea lipton (1.29 per cent).