Pakistan inflation eases to 3.7% in December

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.



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.



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.