December 10, 2024
Pakistan

Pakistan’s annual inflation slows to 9.6%, first single-digit stat in nearly 3 years

Pakistan’s annual consumer price inflation rate slowed to 9.6% in August, the first single-digit reading in almost three years, the Pakistan Bureau of Statistics (PBS) said on Monday. The Consumer Price Index (CPI) decelerated further to 9.6% year-on-year in August, down from the previous month’s 11.1% The economy had been battling with inflation topping 20%

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Pakistan

Inflation slows to 11.8% in May, lowest in 30 months

The consumer price index (CPI) in May rose 11.8% from a year earlier, data from the Pakistan Bureau of Statistics (PBS) showed on Monday, the lowest reading in 30 months and below the finance ministry’s projections. The lowest reading comes a week before the central bank meets to review the key rate which has remained

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