Weekly Inflation Decreases 0.40 Percent
Faizan Hashmi Published January 25, 2020 | 03:14 PM
Sensitive Price Indicator (SPI) based weekly inflation for the week ended on January 23, for the combined consumption group decreased by 0.40 percent as compared to the previous week
ISLAMABAD, (UrduPoint / Pakistan Point News - 25th Jan, 2020 ) :Sensitive Price Indicator (SPI) based weekly inflation for the week ended on January 23, for the combined consumption group decreased by 0.40 percent as compared to the previous week.
The SPI for the week under review in the above mentioned group was recorded at 131.55 points against 132.08 points registered in the previous week, according to the latest data released by the Pakistan Bureau of Statistics (PBS).
The weekly SPI was 100 collected with base 2015-16 covering 17 urban centers and 51 essential items for all expenditure groups.
The SPI for the lowest consumption group up to Rs17,732 also witnessed 0.55 percent reduction as went down from 135.23 points in last week to 134.48 points during the week under review, it added.
As compared to the corresponding week of last year, the SPI for the combined consumption group in the week under review witnessed an increase of 19.69 percent, while, for the lowest group, it increased by 18.10 percent.
Meanwhile, the SPI for the consumption groups from Rs17,733to 22,888, from Rs 22,889 to 29,517, Rs 29,518 to 44,175 and above Rs44,175 per month also decreased by 0.
54 percent, 0.45 percent, 0.42 percent and 0.34 percent respectively.
During the week under review, average prices of 09item registered decrease, while that of 15 items prices increased with the remaining 27 items' prices unchanged.
The prices of the commodities that recorded decrease in their prices during the week under review included tomatoes, onions, eggs, LPG cylinder (11.67kg), potatoes, wheat flour, garlic, rice basmati and bananas.
The items, which recorded increase in their average prices included sugar, washing soap, chicken farm (live), mustard oil, poser milk, jvegetable ghee, cooked daal, pulse masoor (washed), fire wood, pulse moong (washed), tea prepared (cup), beef, pulse gram and gur.
The commodities that observed no change in their price during the week under review included rice irri-6, bread plain, mutton, milk fresh, curd, cooking oil, vegetable ghee, salt powder, chillies powder, tea, cooked beef, cigarettes, long cloth, shirting, lawn printed, georgette, gents sandal, gents chappal, ladies sandal, electricity charges, gas charges, energy saver, match box, petrol super, hi-speed diesel, telephone call and toilet soap.
Related Topics
Recent Stories
Tennis: ATP Barcelona Open results - 1st update
Swiatek's perfect 10 in Stuttgart as Vondrousova stuns Sabalenka
Arandu's roads closed due to flooding
Oil tanker catches fire in Islamabad’s Blue Area
Pakistan committed to ensure safety of foreign nationals: FO
Tennis: WTA Stuttgart results - 1st update
Four passengers injured as train hit an empty vehicle
Over- speeding bus crushed to death two bike riders
Turkey's Freedom Flotilla ready to set sail for Gaza
French teen dies from heart failure after knife attack near school
Iranians appear unfazed by Isfahan blasts
UAF celebrates Int'l Chinese Language Day
More Stories From Business
-
Pakistan aims to agree outline of new IMF loan in May - Finance Minister
11 hours ago -
FTO commends FBR's role for prompt resolution of tax payers’ issues
11 hours ago -
BISP embraces E-procurement: launches inaugural tender
13 hours ago -
Business community indebted to Ahsan Zafar for his unprecedented services: Yousuf Rajput
13 hours ago -
China auto sector steps up Europe push with Spain plant
13 hours ago -
Condolence reference held in memory of FBR's officials
14 hours ago
-
Health activists ring alarm bells over 10-stick cigarette pack
15 hours ago -
Karachi receives maiden direct flight of Azerbaijan Airlines from Baku
15 hours ago -
PSX turns bullish, gains 619 points
15 hours ago -
Rupee bounces back; gains 13 paisa against dollar
15 hours ago -
Partners join hands for alternate use of marble, granite slury
15 hours ago -
Tokyo's Nikkei index tumbles 3% in morning trade
17 hours ago