Sensitive Price Index increases by 16.3% – Alfalah Securities Limited

Karachi: The weekly inflation measure SPI (Sensitive Price Index) registered an increase of 16.3% as of August 30, 2011 on YoY basis, owing to a hike in food and energy prices.

According to Alfalah Securities Limited, the reasons witnessed for a sharp hike in weekly inflation was due to lack of production of some of the essential food items and mounted crude and palm oil prices in the international market.