Weekly inflation down 0.31pc

ISLAMABAD: The sensitive price indicator-based inflation for the week ended November 24 for the combined income groups decreased 0.31 percent as compared to the previous week, the latest data of the Pakistan Bureau of Statistics (PBS) revealed on Friday.
SPI for the week under review in the abovementioned group was recorded at 225.11 points against 225.81 points last week, it said. SPI for the combined group witnessed an increase of 2.06 percent.
The weekly SPI has been computed with base 2007-2008=100, covering 17 urban centres and 53 essential items for all income groups. Meanwhile, SPI for the lowest income group up to Rs8,000 decreased 0.44 percent, as it went down to 215.45 points during the week under review from 216.40 points in the previous week.
SPI for the income groups from Rs8,001 to Rs12,000, Rs12,001 to Rs18,000, Rs18,001 to Rs35,000 and above Rs35,000, also decreased 0.37 percent, 0.36 percent, 0.31 percent and 0.25 percent, respectively. Average prices of 11 items registered increase, nine decreased and prices of the remaining 33 items remained unchanged.