Business
Inflation high for third consecutive week in Pakistan
On weekly basis, annual cumulative inflation rate has reached 24.36 percent
Lahore: The inflation rate in the country has been recorded for the third straight week.
According to the data released by the Bureau of Statistics, the inflation rate has increased by 0.76 percent weekly.
On a weekly basis, the annual cumulative inflation rate has reached 24.36 percent.
According to the Bureau of Statistics, the price of 29 essential items increased and five declined in one week.
According to the data, the price of chicken increased by Rs38.29 per kg during one week from 373.25 rupees to Rs412 per kg. A bag of 390 grams of dry milk has become expensive by Rs44.89, petrol per liter by Rs10, eggs per dozen by Rs6.78, and garlic per kg by Rs10.42.
Pulses, fresh milk, sugar, rice, and curd are also among the items that have become expensive.
During the week, tomatoes became cheaper by Rs7.29 and bananas by Rs3.62. Onions, lentils and LPG are also among the items whose prices have fallen.
According to the Bureau of Statistics, prices of 17 items including bread, cooking oil, tea leaves, and cigarettes remained stable.