ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation forthe week ending October 17, 2019, increased by 2.36pc as compared to theprevious week.
The SPI for the combined consumption group was recorded at 129.45 points asagainst 126.47 points registered in the previous week, according to latestdata released by the Pakistan Bureau of Statistics (PBS).
The SPI for the lowest consumption group, up to Rs17,732, witnessed a2.48pc increase, from 129.68 points in the last week to 132.89 pointsduring the week under review.
As compared to the corresponding week of last year, the SPI for thecombined consumption group witnessed an increase of 17.08pc, while for thelowest group, it increased by 16.06pc.
Meanwhile, the SPI for the consumption groups ranging fromRs17,733-Rs22,888, Rs22,889-Rs29,517; Rs29,518-Rs44,175 and above Rs44,175per month increased by 3.05pc, 2.30pc, 1.94pc and 1.94pc respectively.
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During the week under review, average prices of one item (banana)registered a decrease, while that of 27 increased with the prices of 23items remaining unchanged.
The items that recorded an increase in their average prices includedtomatoes, electricity charges, chicken, potatoes, pulse (masoor, gram),eggs, garlic, matchbox, wheat flour, onion, bread, toiled soap, firewood,beef, gur, LPG cylinder, mutton, mustard oil, milk (powdered), sugar,vegetable ghee, cooked daal, milk (fresh) and rice (basmati broken).
