Inflation declines to 6.9% as prices of essential goods drop

Inflation rate has come to the lowest level of 6.9 percent in the country in the last four years as a result of prudent economic policies of Prime Minister Shehbaz Sharif-led government.

According to the Pakistan Bureau of Statistics, the inflation rate was recorded as 6.93 percent during the last month, whereas it was 9.6 percent in August this year.

On monthly basis, inflation came down by zero point five percent. A reduction in prices of sixteen edible items, including tomato, vegetable, flour, pulses, cooking oil, as well as chicken and bakery products were recorded.

Source: Radio Pakistan

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Inflation declines to 6.9% as prices of essential goods drop

Inflation rate has come to the lowest level of 6.9 percent in the country in the last four years as a result of prudent economic policies of Prime Minister Shehbaz Sharif-led government.

According to the Pakistan Bureau of Statistics, the inflation rate was recorded as 6.93 percent during the last month, whereas it was 9.6 percent in August this year.

On monthly basis, inflation came down by zero point five percent. A reduction in prices of sixteen edible items, including tomato, vegetable, flour, pulses, cooking oil, as well as chicken and bakery products were recorded.

Source: Radio Pakistan

Check Also

GB CM Directs Officials to Resolve Public Complaints on Priority

Gilgit: Gilgit-Baltistan Chief Minister Amjad Hussain has directed the concerned authorities to resolve the problems of the people on a priority basis. He made this announcement while addressing an open court in Gilgit. According to Radio Pakistan, ...