Business

Pakistan inflation remained below two percent in past four months

Latest Update: November 2, 2015 | 316 Views
Inflation rate

ISLAMABAD: Inflation rate in Pakistan maintained at below two percent for four consecutive months for the first time history.

Statistics show that inflation was recorded at 1.6 percent in October. In the past month, eatables’ prices lessened.

Chicken saw eight percent price cut, eggs four percent, sugar 3.5 percent and cooking oil price was reduced by at least 2 percent.

On the other hand, prices of lentils, potatoes, tomatoes and onions increased in October.

Tomatoes saw an at least 34 percent increase, potatoes 10 percent, onions 30 percent, lentils at least 15 percent while wheat prices rose by three percent.

Economic experts have said that inflation is likely to surge owing to increase in petroleum products’ price and unstable Rupee value.