Weekly inflation down

ISLAMABAD (APP) - The Sensitive Price Indicator (SPI), for the week ended on March 26, for the lowest income group up to Rs 3,000 has registered decrease of 0.43 percent over the previous week. The SPI for the week under review in the above mentioned group was recorded at 215.61 as against 216.55 registered in the previous week, according to provisional figures of Federal Bureau of Statistics (FBS). The weekly SPI has been computed with base 2000-2001=100 covering 17 urban centers and 53 essential items for all income groups and combined. SPI for the combined group registered decrease of 0.34 percent by declining from 208.43 in the previous week to 207.73 in the week under review. As compared to the corresponding week of last year, the SPI for combined group in the week under review witnessed increase of 18.05 percent. As compared to last week, the SPI for the group falling in the income brackets of 3001-5000, 5001-12000 and above 12000 decreased by 0.43 percent, 0.37 percent and 0.22pc respectively. During the week under review average prices of 13 items registered decrease, while that of 18 items increase with the remaining 22 items' prices unchanged. The items which recorded decrease in their average prices during the week under review included, onions, tomatoes, gram pulse (washed), garlic, potatoes, masoor pulse (washed), egg hen (farm), rice basmati (broken), rice (irri-6), red chillies, moong pulse (washed), mustard oil and LPG( 11 kg cylinder). The items which registered increase in their prices included, chicken (farm), electricity bulb (60wats), sugar, bananas, bread plain (mid size), lawn, voil (printed), wheat (average quality), mash pulse (washed), curd, gur, vegetable ghee (loose), mutton, cooked dal, wheat flour (average quality), cooked beef, milk (fresh) and beef. The items with no change in their average prices during the week under review included, milk (powdered), vegetable ghee (tin), cooking oil (tin), salt (powdered), tea (packet), tea (prepared), cigarettes, coarse latha, shirting, sandal (gents), sandal (ladies), chappal, kerosene, firewood, match box, washing soap, bath soap, gas charges (up to 3.3719 MMBTU), electricity charges (1-100 unit), petrol, diesel and telephone local call.

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