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Pakistan Inflation Eases to 33 Month Low in July as Electricity Prices Fall

admin-augaf by admin-augaf
August 2, 2024
in Business, Finance
Reading Time: 1 min read
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Fall In Tomatoes And Potatoes Prices Eased Pakistan Household Inflation
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Islamabad August 1 2024: Pakistan consumer price index increased to 11.1% on year-on-year basis in July 2024 as compared to an increase of 12.6% in the previous month and 28.3% in July 2023.

On month-on-month basis, it increased to 2.1% in July 2024 as compared to an increase of 0.5% in the previous month and an increase of 3.5% in July 2023.

Electricity Charges (4.19%) and Transport Services (0.79%) contributors to lower month-on-month reading.

CPI inflation Urban, increased to 13.2% on year-on-year basis in July 2024 as compared to an increase of 14.9% in the previous month and 26.3% in July 2023. On month-on-month basis, it increased to 2.0% in July 2024 as compared to an increase of 0.6% in the previous month and an increase of 3.6% in July 2023.

CPI inflation Rural, increased to 8.1% on year-on-year basis in July 2024 as compared to an increase of 9.3% in the previous month and 31.3% in July 2023. On month-on-month basis, it increased to 2.2% in July 2024 as compared to an increase of 0.3% in the previous month and an increase of 3.3% in July 2023.

Tags: Inflation
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