Pakistan records 4.70pc inflation as food and fuel prices fluctuate

Pakistan records 4.70pc inflation as food and fuel prices fluctuate
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Summary Pakistan’s annual inflation hits 4.70%, weekly prices rose for chicken, LPG, and bananas, while tomatoes, eggs, and flour became cheaper; 27 items remained stable.

ISLAMABAD (Dunya News) - Pakistan has recorded an annual inflation rate of 4.70 percent, according to the latest weekly report released by the Pakistan Bureau of Statistics (PBS).

The report indicates that on a weekly basis, inflation increased by 0.37 percent, with prices of 13 commodities rising while 11 others declined over the same period.

The report highlighted specific price changes during the week: chicken rose by 35.48 paisa per kilogram, the domestic LPG cylinder increased by 200 rupees, and bananas went up by more than 7 rupees per dozen.

Other items that experienced price hikes included beef, mutton, jaggery, and cigarettes.

Conversely, prices of some essential goods decreased. Tomatoes fell by 7.14 rupees per kilogram, eggs by 20 rupees per dozen, onions by 4 rupees per kilogram, and potatoes by 1.67 rupees per kilogram.

Additionally, a 20-kg bag of flour became 54.53 rupees cheaper, while masoor dal, moong dal, sugar, and ghee also saw reductions in their prices.

The report further stated that prices of 27 other items, including bread, fresh milk, and yogurt, remained stable over the week.

These fluctuations reflect the ongoing shifts in the cost of living affecting households across the country.

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