Kitchen Items' Prices Ease As SPI Goes Down 0.43 Percent
Mohammad Ali (@ChaudhryMAli88) Published January 14, 2022 | 04:46 PM
The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on January 13, for the combined consumption group, witnessed decrease of 0.43 percent as compared to the previous week, Pakistan Bureau of Statistics (PBS) reported Friday
ISLAMABAD, (UrduPoint / Pakistan Point News - 14th Jan, 2022 ) :The Sensitive price Indicator (SPI) based weekly inflation for the week ended on January 13, for the combined consumption group, witnessed decrease of 0.43 percent as compared to the previous week, Pakistan Bureau of Statistics (PBS) reported Friday.
The SPI for the week under review in the above mentioned group was recorded at 167.39 points against 168.12 points registered in the previous week, according to the PBS data.
The food commodities that contributed in decline in weekly inflation included Chicken, the prices of which declined by 3.40%, on Week-on-Week (WoW) basis.
Other food commodities that witnessed decline in prices included potatoes (1.65%), tomatoes (1.26%), wheat flour (0.61%), garlic (0.47%), sugar (0.17%) and curd (0.16%). Among non-food items, the prices of LPG went down by 1.15% during the week.
On Year-on-Year basis, the commodities that witnessed decrease in prices included tomatoes (40.82%), pulse moong (25.37%), chillies powdered (6.71%) and sugar (0.40%).
Meanwhile, the commodities that witnessed increase on WoW basis, included onions (14.65%), bananas (1.51%), firewood (1.30%) and match box (1.14%).
The items that witnessed increase in prices on YoY basis included Electricity for Q1 (84.
86%), cooking oil 5 litre (53.49%), gents sponge chappal (50.25%), LPG (50.18%), vegetable ghee 2.5 kg (49.68%), vegetable ghee 1 kg (49.34%), washing soap and mustard oil (45.85%) each, gents sandal (44.49%), pulse Masoor (39.14%), petrol (36.13%) and diesel (28.07%) Meanwhile, 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 19.82 percent.
The weekly SPI with base year 2015-16=100 is covering 17 urban centers and 51 essential items for all expenditure groups.
The Sensitive Price Indicator for the lowest consumption group up to Rs17,732 witnessed 0.30 percent decrease and went down to 175.38 this week from 175.91 points in last week.
Likewise, the SPI for the consumption groups from Rs17,732-22,888; Rs22,889-29,517; Rs29,518-44,175 and above Rs 44,175 also decreased by 0.38 percent, 0.42 percent, 0.46 percent and 0.44 percent respectively.
During the week, out of 51 items, prices of 16 (31.37%) items increased, 09 (17.65%) items decreased and 26 (50.98%) items remained stable.
It is pertinent to mention here that the weekly SPI with base year 2015-16=100 is covering 17 urban centers and 51 essential items for all expenditure groups.
Recent Stories
ICC Womens T20 World Cup Qualifier, Match 2: Ireland Women open with Comfortable ..
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
IBCC to promote educational excellence, expand regional presence
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leav ..
More Stories From Pakistan
-
Naval Chief participates in 19th Western Pacific Naval Symposium in China
8 hours ago -
Int'l symposium addresses capacity building for safe, environmentally sound ship recycling in Pakist ..
8 hours ago -
Shahzeb Chachar to hold khuli kachehri on April 26
9 hours ago -
Court adjourns Judicial Complex attack case till May 17
9 hours ago -
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
9 hours ago -
Wafaqi Mohtasib inspection team visits Excise and taxation office
9 hours ago
-
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil Rights in South Asia ..
9 hours ago -
IBCC to promote educational excellence, expand regional presence
9 hours ago -
Pakistan embassy organizes scholarship award ceremony in Kathmandu
9 hours ago -
SC to hear case pertaining IHC judges' letter on April 30
9 hours ago -
SC orders removal of barriers outside buildings in Karachi
9 hours ago -
PFA launches crackdown, impose fine for selling expired drinks, food items
9 hours ago