Sensitive Price Indicator report: Weekly inflation falls 0.21%

ISLAMABAD: The Sensitive Price Indicator (SPI)-based inflation increased by 0.21 percent for the combined income group this week.

According to the Pakistan Bureau of Statistics (PBS), 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 10.50 percent.

The Sensitive Price Indicator for the lowest consumption group up to Rs 17,732 witnessed a 0.43 percent increase and went up from 139.45 points in the last week to 140.05 points during the week.

During the week, prices of 11 items decreased, 17 items increased while that of 23 items remained constant.

The items, which recorded a decrease in their average prices included chicken, bananas, garlic, cigarettes, tomatoes, LPG cylinder, eggs, gram pulse.

Read more: Inflation eased to 8.5% in April: Asad Umar

The commodities, which recorded an increase in their average prices included wheat, potatoes, sugar, curd, onions, milk (fresh), cooked daal, bread, mustard oil, rice (Irri 6/9), washing soap, cooked beef, tea (prepared), mutton, rice (basmati broken) and firewood.