SPI registers nominal increase

ISLAMABAD—The Sensitive Price Indicator (SPI) for the week ended on October 4 for lowest income group up to Rs 3,000 has registered nominal increase of 0.46 per cent over the previous week.
The SPI for the week under review in the above mentioned group was recorded at 166.67 as against 165.91 recorded in the previous week, according to Federal Bureau of Statistics (FBS). The weekly SPI has been computed with base 2000-2001=100 covering 17 urban centres and 53 essential items for all income groups and combined.
The SPI for the combined group registered an increase of 0.48 percent by increasing from 161.68 in the previous week to 162.45 in the week under review. During the week under review average prices of 9 items registered decrease, while that of 18 items increased with the remaining 26 items’ prices unchanged.
The items which recorded decrease in their average prices during the week under review included, cigarettes k-2, garlic, chicken (farm), wheat flour average quality, rice irri-6 kg, voil printed material, mash pulse washed, bananas, rice basmati broken. The items which registered increase in their prices included, tomatoes, onions, LPG ( 11 kg cylender), wheat average quality, mustard oil, red chillies, bread plain (mid size), coarse latha material, egg hen (farm), firewood, shirting material, gur, vegetable ghee loose, potatoes, gram pulse washed, electricity bulb (60wats), moong pulse washed, masoor pulse washed.—Agencies