Weekly inflation falls by 0.07%: PBS data

ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), witnessed nominal decrease of 0.07 per cent for the combined consumption group during the week ended on July 20, Pakistan Bureau of Statistics (PBS) reported on Friday. The SPI for the week under review in the above-mentioned group was recorded at 258.45 points as compared to 258.63 points during the past week, according to the PBS data.
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 29.16 per cent.
The weekly SPI with the base year 2015-16 =100 is covering 17 urban centres and 51 essential items for all expenditure groups.
The SPI for the lowest consumption group up to Rs 17,732, increased by 0.51 per cent and went up to 267.24 points from last week’s 265.88 points. –Agencies