Pakistan inflation eases to 3.7% in December

The steepest rise in year-on-year prices was seen in the prices of gram flour, pulse gram and besan


Reuters January 02, 2017
A currency dealer counts Pakistani rupees and US dollars at his shop in Karachi. PHOTO: REUTERS

Pakistan's annual inflation rate eased to 3.70 per cent in December from 3.81 per cent in November, the Bureau of Statistics said on Monday.

SBP’s annual report shows 4.1% growth rate

On a month-on-month basis, prices decreased by 0.68 per cent in December compared with November, the bureau said. Average inflation for the July-December period stood at 3.88 per cent, compared with the same period last year.

State Bank maintains target rate at 5.75 per cent

The steepest rise in year-on-year prices was seen in the prices of gram flour, pulse gram and besan. The steepest drop in year-on-year prices was in the price of onions, tomatoes and chicken.

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