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Weekly SPI increased by 0.08 percent.

ISLAMABAD -- The weekly inflation, measured by the Sensitive Price Indicator (SPI) for combined groups slightly soared by 0.08 per cent for the week ending on Oct 24, the Pakistan Bureau of Statistic revealed.

The figures released by Pakistan Bureau of Statistics (PBS), projected across the board increase in the weekly inflation during the week ending on Oct 24 against the previous week. The PBS data said that the weekly inflation for the income group earning up to Rs 8,000 per month has increased by 0.18 percent as compared to the previous week.

The SPI for income group earning between Rs 8,001 and Rs 12,000 per month witnessed an increase of 0.14 percent, while the SPI for the mid-level income group earning Rs 12,001 to Rs 18,000 per month witnessed a surge of 0.10 percent as compared to the previous week. The SPI data shows an increase of 0.08 percent for the upper mid-level earning Rs 18,001 to Rs 35,000 per month, whereas for the top-end class earning more than Rs 35,000 per month the SPI increased by 0.03 percent.

Statistical data further reveled that average price of 19 items including potates, Bananas, bread plain (MED size) egg hen, cooked beef plate, masoor Pulse washed, Rice basmati broken, sugar, wheat, cigarettes wheat flour, onions, LPG, red chillies powered loose, Mash pulse washed, milk fresh and veg ghee increased. Price of tomatoes, chicken live, gram pulse washed, Rice IRRI, Gur and Moong Pulse washed decreased during the week ended on Oct 24.

Pakistan Bureau of statistics data further disclosed that average price of 28 items remained unchanged. These items are beef, mutton, curd, milk powered NIDO, cooking oil, salt powered loose, tea, cooked dal plate, tea prepared, long cloth, shirting, lawn, electric charges, kerosene oil, energy savor, washing soap, match box, petrol and diesel etc.
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Publication:The Frontier Star (Northwest Frontier Province, Pakistan)
Date:Oct 26, 2013
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