PM Imran vows to bring inflation under control
He said the sensitive price index shows a decline for second consecutive week in the country.
ISLAMABAD (Dunya News) – Prime Minister Imran Khan on Saturday 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.
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.