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Pakistan may record inflation at 29-31pc in Sept: ministry

Pakistan may record inflation at 29-31pc in Sept: ministry

Business

The Ministry of Finance expects inflationary pressures in months to come

KARACHI (Web Desk) - Inflation in Pakistan is likely to hover around 29-31 per cent in September, the Ministry of Finance has said in its monthly report.

The report says oil price pressures and the adjustment in energy prices meant the inflation outlook would remain uncertain, but was expected to remain on a downward trajectory, especially from the second half of the current fiscal year.

The ministry, however, doesn't rule out an upward momentum inflation in months to come.