Slight increase in inflation in October
Business
In October last year, the inflation rate surged to 26.8 per cent
ISLAMABAD (Dunya News) – Despite government’s assurances, inflation in the country continues to climb with a monthly increase.
According to the Bureau of Statistics, inflation rose from 6.9 per cent to 7.2 per cent (1.23 per cent increase) in October.
For the first four months of the current fiscal year, inflation averaged 8.68 per cent, with urban inflation recorded at 9.3 per cent and rural inflation at 4.2 per cent.
Read Also: CPI inflation dips to nearly three-year low in August
It is worth noting that in October last year, the inflation had surged to 26.8 per cent.
