KARACHI, PAKISTAN :Pakistan's consumer price index (CPI) jumped 31.5 per cent in February year-on-year, the statistics bureau said on Wednesday, the highest annual rate in nearly 50 years, as prices of food, beverage and transportation surged more than 45 per cent.'February 2023 31.5 per cent is the highest s
KARACHI, PAKISTAN :Pakistan's consumer price index jumped 31.5 per cent in February year-on-year, the statistics bureau said on Wednesday, the highest annual rate in nearly 50 years, as prices of food, beverage and transportation surged more than 45 per cent.
Prices were up 4.3 per cent in February from the previous month, the bureau said in a statement. In January, the CPI was up 27.55 per cent year-on-year. In February, the government passed a supplementary finance that raised the goods and services tax to 18 per cent from 17 per cent to help raise 170 billion rupees in extra revenue for the fiscal year through July.
Core inflation increased 17.1 per cent and 21.5 per cent year-on-year for urban and rural centres, respectively.
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Pakistan's February CPI rises 31.5% year-on-yearKARACHI, PAKISTAN : Pakistan's consumer price index (CPI) rose 31.5 per cent in the month of February year-on-year, the statistics bureau said on Wednesday.Prices were up 4.3 per cent in February from the previous month, the bureau said in a release. In January, the CPI was up 27.55 per cent year-on-year.
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