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Wednesday, July 28, 2021

Pakistan inflation price rises to 11.10% in April: PBS

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  • A rise in costs of greens, fruits and meat causes the most recent hike in inflation.
  • Worth rises have been hitting nation’s poor, who’re battling financial fallout from the pandemic.
  • Client Worth Index price rises to 11.10% in April, up from 9.1% within the earlier month.

ISLAMABAD: Pakistan Bureau of Statics (PBS) mentioned Saturday the nation’s annual shopper value inflation (CPI) clocked in at 11.1% in April, up from 8.5% in the identical month final yr.

The CPI was recorded at 9.1% final month, in keeping with the PBS.

Prime Minister Imran Khan has made a number of adjustments to his financial crew up to now final month, aiming to herald insurance policies to regulate inflation that has been on an upward development.

A rise in costs of greens, fruits and meat induced the most recent hike in inflation, the statistics bureau mentioned. The worth rises have been hitting the nation’s poor, who’re additionally battling the financial fallout from the pandemic.

The Common Inflation (%). — PBS

The CPI inflation City elevated by 11.0% in April 2021 as in comparison with a rise of 8.7% within the earlier month and seven.7% in April 2020, the PBS mentioned.

CPI inflation Rural elevated by 11.3% in April 2021 as in comparison with a rise of 9.5% within the earlier month and 9.8% in April 2020, it added.

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