Pakistans inflation eases to 8.3 per cent in November
Summary
ISLAMABAD: Pakistan’s CPI inflation reduced to 8.3 per cent in November from 8.9pc in October due to a slight drop in the price of perishable products, according to the Pakistan Bureau of Statistics (PBS). The prices of essential food items, including tomatoes, onions, chicken, eggs, sugar and wheat saw a consistent increase over the past few months. Due to shortages in domestic production, inflation at the start of the current fiscal year was recorded at 9.3pc in July but eased down to 8.2pc in August before rising again to 9pc in September. Also Read: Weekly inflation down 0.92% due to drop in food prices In urban areas, food items whose prices increased in November included chicken 21.36pc, tomatoes 15.68pc, potatoes 8.79pc, onions 5.81pc, vegetables 5.63pc, dry fruits 4.38pc, eggs 2.83pc, butter 2.61pc, condiments and spices 2.6pc and fish 1.89pc. In rural areas, price of chicken rose by 20.76pc, potatoes 15.8pc, tomatoes 9.29pc, onions 6.56pc, sugar 5.39pc, eggs 5.23pc, condiments and spices 3.05pc and butter 1.46pc.