AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad: Pakistan’s inflation rate has dropped to its lowest point in nine years, showing a significant economic shift in the country.
According to Radio Pakistan, the inflation rate for the fiscal year 2024-25 stood at 4.5 percent, a substantial decrease from the 23.4 percent recorded during the previous year.
The statistics were presented by the Chief Statistician during a meeting in Islamabad, which was chaired by Planning Minister Ahsan Iqbal. The meeting highlighted that the prices of several essential items, including LPG, bananas, mustard oil, chickpeas, and moong dal, have decreased, contributing to the overall reduction in inflation.