Islamabad: Last month, the inflation rate in the country increased by 2.1 percent on a monthly basis, while it decreased to 11.1 percent on an annual basis.
According to the inflation data from the Federal Bureau of Statistics, the annual inflation rate in the country has decreased to 11.1 percent during the last month (July), while the monthly inflation rate has increased by 2.1 percent last month. Is.
The data showed that the inflation rate had reached 12.6 percent on a monthly basis during June 2024.
According to the report, the rate of inflation in urban areas was 13.2 percent while in rural areas it was 8.1 percent. The prices of various food items, tomatoes, fresh vegetables, gram dal, chicken, dal mash and dal masoor have increased.
Statistics Institute says that last month the inflation rate across the country increased by more than 2 percent, but the annual inflation rate in July last year was 28 percent, which has now decreased to 11.1 percent annually.
In July 2023, annual inflation was at a high of 28.3 percent.
According to the report, the price of tomato increased by 75.82% in urban areas last month, vegetables by 29.71%, dry milk by 17.34%, lentils by 15.35%, chicken by 10% and lentils by 8.75%.
It was further informed that the price of wheat flour increased by 8.23% in the country last month, the prices of potatoes, white gram, milk, wheat, fruits and honey also increased while dal mash, lentils, beverages, sugar, eggs and cigarettes also became expensive. happened
Similarly, an increase in the prices of hospital charges, fuel, hosiery, motor fuel was also seen.
According to the report, bakery items, fish and transport fares decreased in July, while clothes and shoes became expensive by 18.18% in a year, housing, electricity, water, gas charges increased by 25.30% on annual basis.
The statistics agency said that compared to last year, health facilities have become more expensive by 19 percent, transport fares have increased by 12 percent, entertainment facilities by 10 percent, and restaurant and hotel charges have also increased by 11 percent.
