Islamabad October 23 2021: The SPI for the current week ended on 21st October, 2021 recorded an increase of 14.48 percent on year on basis, according to data published by Pakistan Bureau of Statistics.
Major increase is observed in the prices of LPG (75.02 percent), Electricity for Q1 (61.11 percent), Mustard Oil (46.49 percent), Vegetable Ghee 1 Kg (44.25 percent), Cooking Oil 5 liter (40.78 percent), Chilies Powdered (33.43 percent), Petrol (32.22 percent), while major decrease observed in the prices of Pulse Moong (32.05 percent), Tomatoes (30.44 percent), Onions (28.30 percent), Potatoes (21.87 percent) and Pulse Mash (1.59 percent)
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As compared to previous week SPI is up 1.38 percent. Increase in the prices of Tomatoes (41.63 percent), Diesel (10.06 percent), Petrol (8.19 percent), LPG (7.11 percent), Mustard Oil (2.23 percent), Vegetable Ghee 1kg (1.91 percent), Bread Plain (1.84 percent), Garlic (1.82 percent), Washing Soap (1.72 percent), Potatoes (1.57 percent), Cooking Oil 5 liter (1.50 percent), Bananas (1.40 percent), Georgette (1.32 percent), Eggs (1.31 percent) and Vegetable Ghee 2.5 Kg (1.25 percent) was observed with joint impact of (1.36 percent) into the overall SPI for combined group of (1.38 percent).
On the other hand, decrease observed in the prices of Chicken (2.45 percent), Pulse Moong (1.09 percent), Gur (0.96 percent), Onions (0.78 percent), Pulse Masoor (0.37 percent), Wheat Flour Bag (0.18 percent) and Pulse Gram (0.02 percent).
During the week, out of 51 items, prices of 29 (56.86 percent) items increased 07 (13.73 percent) items decreased and 15 (29.41 percent) items remained stable.
Sensitive Price Indicator (SPI) is computed on weekly basis to assess the price movements of essential commodities at shorter interval of time so as to review the price situation in the country. SPI comprises of 51 essential items collected from 50 markets in 17 cities of the country.
