Pakistan’s consumer inflation on Tuesday slowed slightly from a year earlier in February, though the monthly rate jumped on the back of higher food and energy prices. According to the Pakistan Bureau of Statistics (PBS), the consumer price index (CPI) was at 12.2 percent in February year-on-year. The CPI eased slightly from the previous month’s two-year high of 13 percent.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

ECC greenlights import of 160,000 metric tons of fertilizers

Islamabad: The Economic Coordination Committee (ECC) has greenlighted the import of 160,000…

Govt likely to present budget next week

Karachi: Assuming record high markup cost due to high interest rate, the…

‘Quick relief’ from soaring inflation, not expected: Asad Umar

Islamabad: On Monday, Asad Umar, Planning and Development Minister rejected any chances…