Inside Financial Markets

Pakistan inflation rate fell to 1.80 percent y/y in July – RTRS

inflation (1)

Pakistan inflation rate fell to 1.80 percent y/y in July – RTRS

ISLAMABAD, Aug 3 (Reuters) – Pakistan’s annual inflation rate fell to 1.80 percent in July from 3.16 percent in June, the Pakistan Bureau of Statistics said on Monday.

It was the lowest year-on-year inflation in 12 years.

On a month-on-month basis, prices rose 0.36 percent in July.

Pakistan’s inflation has been relatively low in the past year, mainly due to lower international oil prices.

 

Ahsan Baig

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