The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by -0.34% WoW during the week ended May 23, 2024. However, on a YoY basis, the SPI rose significantly by 21.31% compared to the corresponding period last year.
Index Details: According to data released by the Pakistan Bureau of Statistics (PBS), the Combined Index stood at 308.19, down from 309.25 the previous week. This is a notable increase from the 254.05 recorded a year ago.
Price Movements: Out of 51 monitored items:
- 12 items (23.53%) increased in price
- 18 items (35.29%) decreased in price
- 21 items (41.18%) remained stable
Major Price Decreases:
- Garlic: -7.87%
- Chicken: -5.92%
- Wheat Flour: -4.66%
- LPG: -3.23%
- Onions: -1.99%
Major Price Increases:
- Beef: +0.49%
- Energy Saver: +0.44%
- Pulse Gram: +0.42%
- Milk Powder: +0.37%
- Tea Prepared: +0.30%
Income Group Analysis:
Weekly Changes:
- SPI decreased across all income groups, ranging from -0.33% to -0.39%.
- Lowest Income Group: -0.38%
- Highest Income Group: -0.33%
Yearly Changes:
- SPI increased across all income segments, with changes ranging from 14.49% to 24.62%.
- Lowest Income Group: +14.49%
- Highest Income Group: +19.2%
