Islamabad September 1 2023: Pakistan CPI inflation General, cools to 27.4% on year-on-year basis in August 2023 as compared to an increase of 28.3% in the previous month and 27.3% in August 2022.
On month-on-month basis, it increased to 1.7% in August 2023 as compared to an increase of 3.5% in the previous month and an increase of 2.4% in August 2022.
Inflation in Urban areas, fall to 25.0% on year-on-year basis in August 2023 as compared to an increase of 26.3% in the previous month and 26.2% in August 2022. On month-on-month basis, it increased to 1.6% in August 2023 as compared to an increase of 3.6% in the previous month and an increase of 2.6% in August 2022.
Inflation in rural areas, eases to 30.9% on year-on-year basis in August 2023 as compared to an increase of 31.3% in the previous month and 28.8% in August 2022. On month-on-month basis, it increased to 1.9% in August 2023 as compared to an increase of 3.3% in the previous month and an increase of 2.2% in August 2022.
The prices of Onions (31.47%), Pulse Masoor (16.28%), Fresh Vegetables (8.69%), Vegetable Ghee (2.27%) and Mustard Oil (1.54%) decreased when compared with the same month last year.
