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%