Abb Takk News

Inflation Goes Up in Pakistan

ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on March 4, for the combined consumption group, witnessed increase of 0.61 percent as compared to the previous week.

The SPI for the week under review in the above mentioned group was recorded at 147.99 points against 147.09 points registered in the previous week, according to the latest data of Pakistan Bureau of Statistics (PBS).

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 14.95 percent.

The weekly SPI with base year 2015-16 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 0.54 percent increase and went up from 158.36 points in last week to 159.21 points during the week under review.