Pakistan’s consumer price index (CPI) inflation soared to 29.66% year-on-year in December 2023 mainly due to higher prices of electricity, according to the latest data released by the Pakistan Bureau of Statistics (PBS).
As per a brokerage report, the CPI-based inflation rate was higher than the industry expectations of 28.5%, and also higher than the previous month’s rate of 29.23%. The…
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News Source: profit.pakistantoday.com.pk
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