CPI-based inflation rate eases to 5.7% in January: Asad Umar

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Associated Press of Pakistan

Minister for Planning Development and Special Initiatives Asad Umar Sunday said the inflation in the country continued to decline as the Consumer Price Index (CPI) based monthly inflation rate eased to 5.7 percent in January 2021 compared to same month of the previous year.

In his tweet, the minister informed that the inflation rate in January 2021 was even lower than the time (July 2018) when the Pakistan Teheek-i-Insaaf (PTI) government was formed.

Inflation continues to decline. Jan inflation (CPI) is down to 5.7%. Core inflation is at 5.4%. Last month (jul 2018) prior to PTI govt formation, CPI was 5.8% & core was 7.6%. The rate of inflation is LOWER today then when the PTI govt was formed. #PMIKECONPOLICYSUCCESS
— Asad Umar (@Asad_Umar) January 31, 2021

He said the core inflation rate remained at 5.4 percent in the month under review.
He said in July 2018, the CPI based monthly inflation was 5.8 percent and core inflation was 7.6 percent.