Saturday April 02, 2022

Inflation in Pakistan Jumps To 12.7pc in March

ISLAMABAD: The inflation rate picked up pace and jumped to 12.7% in March amid a significant rise in prices of perishable food items both in urban and rural areas.

The Pakistan Bureau of Statistics (PBS) reported that the Consumer Price Index (CPI) rose to 12.7% in March over the same month a year ago.

The national data collecting agency reported a 33.63% increase in prices of chicken, 15.17% in fruits and an 8.32% surge in prices of mustard oil, hitting every household adversely. Similarly, the PBS reported a 7.79% increase in liquefied hydrocarbons and a 2% increase in construction input items in March over the same month of the last year.

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