Abb Takk News

SPI Inflation Increases 0.98 Percent

ISLAMABAD: Sensitive price Indicator (SPI) based weekly inflation for the week ended on July 09, for the combined consumption group, witnessed an increase of 0.98 percent as compared to the previous week.

According to the latest data of Pakistan Bureau of Statistics (PBS), the SPI for the week under review in the above mentioned group was recorded at 133.62 points against 132.32 points registered in the previous week.

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 11.02 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 1.27 percent increase and went up from 138.24 points in last week to 139.99 points during the week under review.