Islamabad : Feb 16: The Sensitive Price Indicator (SPI) is computed on weekly basis to assess the price movement 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.
I. ANALYSIS OF WEEKLY SPI
i. The SPI for the current week ended on February 15, 2024 decreased by 0.78%. Major decrease is observed in
the prices of Eggs (28.82%), Chicken (4.23%), Onions (3.48%), LPG (2.85%), Gur (1.13%), Wheat Flour (0.32%),
Tomatoes (0.29%), Pulse Masoor (0.28%) and Mustard Oil (0.18%).
ii. On the other hand, increase is observed in the prices of Bananas (4.64%), Potatoes (2.80%), Match Box (1.31%),
Long Cloth (1.29%), Cooked Daal (0.77%), Shirting (0.63%), Energy Saver (0.62%), Pulse Moong & Rice Basmati
(0.56%) each, Mutton (0.48%), Cooked Beef (0.39%) and Pulse Mash (0.35%).
iii. During the week, out of 51 items, prices of 22 (43.14%) items increased, 11 (21.57%) items decreased and
18 (35.29%) items remained stable.
iv. The year on year trend depicts increase of 34.25%, Gas Charges for Q1 (1108.59%), Tomatoes (134.09%),
Chilies Powder (81.74%), Cigarettes (77.13%), Wheat Flour (66.12%), Gents Sponge Chappal (58.05%), Sugar
(54.59%), Gents Sandal (53.37%), Gur (49.38%), Salt Powdered (39.97%) Tea Lipton (33.22%), Garlic (32.06%),
while decrease is observed in the prices of Bananas (18.29%), Mustard Oil (15.67%), Vegetable Ghee 1 KG
(15.34%), Cooking Oil 5 Litre (10.35%), Vegetable Ghee 2.5 KG (9.56%), LPG (8.50%) and Diesel (0.33%).
II. Current week over previous week (WoW) (15.02.2024 over 08.02.2024) showing -0.78% change.
i. (Major) Decreased Items (percentage)
Food Items % Food Items % Non Food Item %
Eggs -28.82 Wheat Flour -0.32 LPG -2.85
Chicken -4.23 Tomatoes -0.29
Onions -3.48 Pulse Masoor -0.28
Gur -1.13 Mustard Oil -0.18
ii. (Major) Increased Items (percentage)
Food Items % Food Items % Non Food Items %
Bananas 4.64 Pulse Moong 0.56 Match Box 1.31
Potatoes 2.80 Mutton 0.48 Long Cloth 1.29
Cooked Daal 0.77 Cooked Beef 0.39 Shirting 0.63
Rice Basmati Broken 0.56 Pulse Mash 0.35 Energy Saver 0.62
III. Current week over corresponding week (YoY) (15.02.2024 over 16.02.2023) showing 34.25% change.
i. (Major) Increased Items (percentage)
Food Items % Food Items % Non Food Items %
Tomatoes 134.09 Gur 49.38 Gas Charges for Q1 1108.59
Chilies Powder 81.74 Salt Powdered 39.97 Cigarettes 77.13
Wheat Flour 66.12 Tea Lipton 33.22 Gents Sponge Chappal 58.05
Sugar 54.59 Garlic 32.06 Gents Sandal 53.37
ii. Decreased Items (percentage)
Food Items % Food Items % Non Food Item %
Bananas -18.29 Cooking Oil 5 Litre -10.35 LPG -8.50
Mustard Oil -15.67 Vegetable Ghee 2.5 kg -9.56 Diesel -0.33
Vegetable Ghee 1 kg -15.34.