Inflation in Pakistan climbed to 24.5% in Dec - Islamabad News

Islamabad, Jan 3 (IANS) Pakistan's consumer price index (CPI), a main gauge of inflation, rose 24.5 per cent in December 2022 as compared to the same month a year ago when it was recorded at 12.28 per cent, the Pakistan Bureau of Statistics (PBS) said.

by IANS | Updated Jan 03, 2023

Inflation in Pakistan climbed to 24.5% in Dec - Islamabad News

The CPI in December also witnessed a year-on-year rise from November as it went through an increase of 23.8 per cent in the previous month, Xinhua news agency quoted the PBS as saying.

On a month-on-month basis, the CPI edged up 0.5 per cent in December as compared to a growth of 0.8 per cent in the previous month, the PBS figures showed.

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The inflation rate had been in line with the Ministry of Finance's monthly outlook for the month of December, ranging from 23 to 25 per cent.

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by FreshersLIVE.Publisher : IANS-Media

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