Kitchen items prices up by 0.34 per cent

ISLAMABAD, May 2 – The Sensitive Price Indicator (SPI), for the week ended on April 30, for the lowest income group up to Rs.3,000, has registered increase of 0.34 per cent over the previous week.

The SPI for the week under review in the above mentioned group was recorded at 194.29 as against 193.63 registered in the previous week, according to Federal Bureau of Statistics (FBS).

The weekly SPI has been computed with base 2000-2001=100 covering 17 urban centres and 53 essential items for all income groups and combined.

The SPI for the combined group registered increase of 0.20 per cent by rising from 186.14 in the previous week to 186.52 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 23.93 per cent.

The SPI for the groups falling in the income brackets of 3001-5000, 5001-12000 and above 12000 witnessed increase of 0.29, 0.20 and 0.04 respectively.

During the week under review average prices of 6 items registered decrease, while that of 23 items increased with the remaining 24 items