Abb Takk News

Pakistan Inflation Inclined by 3.86% in FY2018

Islamabad (February 06, 2018): Average inflation increased by 3.86% during first seven months of the current financial year as against the same period last year.

As per the official data, the inflation rate in the South Asian country expanded by 4.42 percent in the month of January when compared with 4.57 percent in December 2017 and 3.66 percent in January 2017.On a monthly comparison, the inflation trimmed down by 0.03 percent in January when compared with the figure of the previous month, said Director Prices of the PBS Attiq-ur-Rehman at a press conference in Islamabad on Thursday.

The CPI-based inflation for food and non-alcoholic beverages increased 5.10 percent in January as against the same month of last year.Moreover, the inflation for non-perishable food items went up 2.85 percent, perishable items by 20.40 percent, clothing and footwear 4.3 percent, housing, water, electricity, gas and other fuels 4.17 percent, furnishing and household equipment maintenance 4.04 percent, health 4.04 percent, and CPI inflation for transport increased by 5.68 percent.

Related News:

Pakistan Bureau of Statistics Releases Weekly Inflation Figures

Pakistan’s inflation rate declined to 3.70