Pakistan's Inflation rises to 12.67pc in November: statistics bureau
CPI increased by 1.34 percent in November compared to 1.82pc in October.
KARACHI (Dunya News) – Pakistan’s annual inflation rate increased to 12.67 percent in November from 11.04 in October driven by higher food prices, the Bureau of Statistics said on Wednesday, underlining the growing squeeze on household budgets.
The July-November average inflation is 10.79 percent compared to 6.10 percent from the corresponding period last year.
Prices of food including tomatoes, wheat, milk, cooking oil, milk products - which make up a third of the overall basket used to calculate inflation - were the main items causing the hike.
On a monthly basis, CPI increased by 1.34 percent in November compared to 1.82 percent in October.
