ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), decelerated to a six-year low at 4.16 per cent in the week ending Nov 14 owing to the high base effect of last year.

The SPI at this level was last seen in October 2018 after the revision of the base year. However, on a week-on-week basis, the SPI registered a third consecutive increase, witnessing a rise of 0.55pc, official data showed on Friday.

The short-term inflation rate decelerates due to last year’s high base........

© Dawn Business