SPI shows decline for second consecutive week in Pakistan: PM Imran
PM expresses resolve to bring inflation under control
ISLAMABAD (Dunya News) - Prime Minister Imran Khan has vowed to bring inflation under control further as prices of food items are declining in Pakistan as compared to other parts of the subcontinent.
In a tweet, he said the sensitive price index shows a decline for second consecutive week in the country.
The Prime Minister quoted a media report stating that India’s retail inflation may stay elevated for at least three more months after hitting a six-year high last month.
— Imran Khan (@ImranKhanPTI) November 14, 2020
It said the high prices are a particular cause of concern for India’s hundreds of millions of poor people, who have already been squeezed by the coronavirus pandemic and its impact on an economy that contracted a record 23.9 percent in April-June this year.
Onion prices have more than quadrupled in India, while soyoil prices have rallied 23 percent in last three months.
