Friday, 27 July 2012 18:32:56
Weekly inflation goes down
ISLAMABAD, July 27 (APP): The Sensitive Price Indicator (SPI) for the
week ended on July 26, for the lowest income group up to Rs.8,000, registered decrease of 0.83 per cent as compared to the previous week.
The SPI for the week under review in the above mentioned group was recorded at 177.50 points against 178.99 points registered in the previous week, according to provisional figures of Pakistan Bureau of Statistics (FBS).
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 SPI for the combined group decreased by 0.79 per cent as it went down from 184.99 points in the previous week to 183.53 points in the week under review.
As compared to the corresponding week of last year, the SPI for the
combined group in the week under review witnessed increase of 6.71 percent.
As compared to the last week, the SPI for the income groups from Rs.8001-12,000, 12,001-18,000, 18001-35,000 and above Rs.35,000 decreased by 0.82, 0.83, 0.82 and 0.73 respectively.
During the week under review average prices of 12 items registered
decrease, while that of 18 items increase with the remaining 23 items' prices unchanged.
The items which recorded decrease in their average prices during the week under review included chicken live (farm), wheat flour (bag), tea (packet), tomatoes, mash pulse (washed), moong pulse (washed), masoor pulse (washed), vegetable ghee (tin), cooking oil (tin), vegetable ghee (loose), gram pulse (washed) and sugar.
The items which registered increase in their prices included bananas,
garlic, LPG (11 kg cylender), potatoes, wheat, milk (powdered), washing soap, onions, gur, egg hen (farm), mustard oil, milk (fresh), red chillies (powder), rice basmati (broken), shirting, curd, long cloth (coarse latha) and rice (irri- 6).
The items with no change in their average prices during the week under
review included bread (plain), beef, mutton, salt powdered (loose), cooked beef, cooked dal, tea (prepared), cigarettes, lawn, georgette, sandal (gents), chappal (gents), sandal (ladies), electric charges, gas charges (upto 100m3), kerosene oil, firewood, energy savor, match box, petrol, diesel, telephone local call and bath soap.