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Pakistan's Sept CPI +31.4% y/y - statistics bureau

2023-10-02 16:46
KARACHI, Pakistan Pakistan's inflation rate clocked in at 31.4% year-on-year, rising from 27.4% in August, data from the
Pakistan's Sept CPI +31.4% y/y - statistics bureau

KARACHI, Pakistan Pakistan's inflation rate clocked in at 31.4% year-on-year, rising from 27.4% in August, data from the statistics bureau showed on Monday, as the cash-strapped nation reels from high fuel and energy prices.

On a month-on-month basis, inflation climbed 2% for September, compared to an increase of 1.7% in August.

Inflation during the first quarter of the current fiscal year averaged 29%.

(Reporting by Ariba Shahid in Karachi; Editing by Muralikumar Anantharaman)