Business News

ISLAMABAD, Sep 29 (APP): The weekly inflation for the week
ended on September 27 for the combined income groups increased by
0.78 percent as compared to the previous week.
According to the data released by Pakistan Bureau of
Statistics (PBS) on Friday, the Sensitive Price Indicator (SPI)
for the week under review in the above mentioned group was recorded
at 225.21 points against 223.47 points of last week.
As compared to the corresponding week of last year, the SPI
for the combined group in the week under review witnessed increase
of 2.92 per cent.
The weekly SPI has been computed with base 2007, 2008=100,
covering 17 urban centers and 53 essential items for all income
groups.
Meanwhile, the SPI for the lowest income group up to Rs 8,000
increased by 0.88 percent as it went up from 214.51 points in
the previous week to 216.39 points in the week under review.
As compared to the last week, the SPI for the income groups
from Rs 8001 to 12,000, Rs 12,001 to 18,000, Rs 18,001 to 35,000
and above Rs 35,000, also increased by 0.83 percent, 0.83 percent,
0.79 percent and 0.71 percent respectively.
During the week under review, average prices of 10 items
registered decrease, while 13 items increase with the remaining 30
items’ prices unchanged.
The items, which registered decrease in their prices during
the week under review included bananas, garlic, tea, red chilly,
chicken farm (live), potatoes, pulse mash (washed), pulse mung (washed),
eggs hen (farm) and sugar.
The items, which registered increase in their prices during
the week under review included tomatoes, onions, wheat, gur, milk (powder)
pulse gram (washed), LPG (Cylinder), pulse masoor (washed), mutton, mustard oil,vegetable ghee and fire wood.
The items with no change in their average prices during the
week under review included rice (basmati broken), rice irri-6, bread, beef,
milk (fresh), curd, cooking oil (tin), vegetable ghee (tin), salt powder,
cooked daal, tea prepared (cup), cigarettes, long cloth, shirting, lawn printed, georgette