Weekly Inflation Eases 0.21%
Sumaira FH Published January 18, 2019 | 05:22 PM
Weekly inflation for the week ended on January 17 for the combined income group posted a decrease of 0.21 percent as compared to the previous week.
ISLAMABAD, (UrduPoint / Pakistan Point News - 18th Jan, 2019 ) :Weekly inflation for the week ended on January 17 for the combined income group posted a decrease of 0.21 percent as compared to the previous week.
The Sensitive price Indicator (SPI) for the week under review in the combined group was recorded at 238.30 points against 238.81 points registered in the previous week and in the lowest income group the indicator also decreased from 221.23 points in last week to 220.88 points, said latest data of Pakistan Bureau of Statistics (PBS) released here on Friday.
As compared to the corresponding week of last year, the SPI for the combined group in the week under review witnessed an increase of 6.65 percent, and for the lowest income group, it increased by 3.88 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 income groups from Rs 8001-12,000, Rs 12,001-18,000, 18,001-35,000 and above Rs 35000 per month decreased by 0.19 percent, 0.20 percent, 0.
22 percent , and 0.22 percent respectively.
During the week under review, average prices of 10 items registered decrease, while that of 17 items increased with the remaining 26 items' prices unchanged.
The items which registered decrease in their prices during the week under review included LPG cylinder, chicken, potatoes, tomatoes, eggs, onions, bananas, gur, pulse moong, and pulse gram.
The items which recorded increase in their average prices included garlic, washing soap, sugar, red chilly, rice irri-6, pulse masoor, pulse mash, mustard oil, wheat, curd, shirting, vegetable ghee, milk (fresh), vegetable ghee (tin), tea, beef, and wheat flour.
Similarly the items which recorded no change in their prices included rice basmati (broken), bread, mutton, powdered milk, cooking oil, salt powder (loose), tea, cooked beef, cooked pulses, cigarettes, long cloth, lawn printed, georgette, gents shoes, ladies shoes, electricity charges, gas charges, kerosene oil, firewood whole, electric bulb, match box, petrol, Hi Speed Diesel, telephone local call, and bathing soap.
Related Topics
Recent Stories
Pre-Order Your Coolest vivo Y100 Today
SC suspends PHC ruling against allocation of SIC reserved seats
ADB reaffirms continued support to Pakistan
OIC Contact Group on Jammu & Kashmir calls for early resolution of J&K dispute
Yango joins hands with Discover Pakistan to present and preserve the country’s ..
Saudi govt, companies consider Pakistan high priority economic opportunity: Ibra ..
Saudi Crown Prince expected to visit Pakistan this month
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 6 May 2024
Today Gold Rate in Pakistan 06 May 2024
Dubai Mum Becomes the First Ever Pakistani Woman to Climb 11 of the 14 Highest M ..
Over 37% Tobacco tax increase suggested to save lives, boost revenue
Mohsin Naqvi has offered a substantial incentive, pledging $100,000 to every pla ..
More Stories From Business
-
Rs 520m released for schemes of Wasa
38 minutes ago -
ADB reaffirms continued support to Pakistan
41 minutes ago -
EU election could force sharp turn in electric car policy
58 minutes ago -
Shipping activity at Port Qasim
1 hour ago -
2 plots sealed over illegal construction
1 hour ago -
Yango joins hands with Discover Pakistan to present and preserve the country’s cultural and natura ..
1 hour ago
-
Foreign investment pivotal for 'Macro Economic Stability' in Pakistan: Finance Minister
2 hours ago -
Hong Kong's Hang Seng Index opens 0.07 pct higher
2 hours ago -
May Day holiday sees over 1.3 billion passenger trips across China
2 hours ago -
Revenues of Chinese SOEs up 3.2 pct in first 3 months
2 hours ago -
Turkish stock exchange opens week flat
2 hours ago -
Govt's facilitation approach builds investor’s confidence: Jam Kamal
2 hours ago