Consumer inflation rate eases slightly to 11.1pc in June due to lower energy, food prices: PBS

ISLAMABAD: Pakistan’s consumer inflation rate eased slightly to 11.1 per cent in June from 11.7pc a month earlier, mainly due to lower prices of energy and essential food items, according to data released by the Pakistan Bureau of Statistics on Wednesday. The modest decline suggests that recent cuts in petrol and diesel prices have provided some relief to households. However, the government has yet to fully pass on the benefit of lower international oil prices to domestic consumers, limiting ...

By none@none.com (Mubarak Zeb Khan)