ISLAMABAD - The Sensitive Price Indicator (SPI) for the week ended on August 1, for the lowest income group up to Rs.8,000, registered decrease of 0.11 per cent as compared to the previous week.

The Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was recorded at 195.78 points against 195.99 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).

The weekly SPI has been computed with base 2007-2008=100, covering 17 urban centers and 53 essential items for all income groups and combined.

The Sensitive Price Indicator (SPI) for the combined group decreased by 0.05 per cent as it went down from 200.92 points in the previous week to 200.82 points in the week under review.

As compared to the corresponding week of last year, the Sensitive Price Indicator (SPI) for the combined group in the week under review witnessed increase of 8.67 percent.

As compared to the last week, the SPI for the income groups from Rs.8001-12,000, 12,001-18,000 and 18001-35,000 decreased by 0.11 percent, 0.11 percent and 0.07 percent respectively whereas the SPI for the income group above Rs.35,000 witnessed nominal increase of 0.01 percent.

During the week under review average prices of 10 items registered decrease, while that of 13 items increase with the remaining 30 items’ prices unchanged.

The items which registered decrease in their prices during the week under review included tomatoes, bananas, egg hen (farm), gram pulse (washed), LPG(11 kg cylinder), vegetable ghee (loose), chicken live (farm), red chillies (powder), mustard oil and sugar.

The items which recorded increase in their average prices included sandal (gents), kerosene oil, diesel, petrol, onions, moong pulse (washed), wheat, potatoes, wheat flour (bag), mash pulse (washed), gur, long cloth and garlic.

The items with no change in their average prices during the week under review included rice basmati (broken), rice (irri-6), bread (plain), beef, mutton, milk (fresh), curd milk (powdered), cooking oil, vegetable ghee (tin), masoor pulse washed, salt (powdered), tea (packet), cooked beef, cooked dal, tea (prepared), cigarettes, shirting, lawn, Georgette, chappal (gents), sandal (ladies), electric charges, gas charges, firewood, energy savor, washing soap, match box, telephone local call and bath soap.