Pakistan inflation rate picks up to 3.16 percent y/y in May – RTRS
ISLAMABAD, June 1 (Reuters) – Pakistan’s annual inflation rate rose to 3.16 percent in May from 2.11 percent in April, the Pakistan Bureau of Statistics said on Monday.
On a month-on-month basis, prices rose 0.76 percent in May from April.
The average annual inflation rate for July through to May was 4.65 percent.
(Reporting by Syed Raza Hassan; Editing by Kim Coghill)
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