Live
- A Guide to Temperature and Humidity Standards in Data Center Server Rooms
- Gadwal collector briefs on details of voters
- Jupally Krishna Rao takes part in Alampur rallu
- Bharath Prasad files 3rd Nomination
- Baisakh Month: A Time of Auspicious Beginnings and Sacred Festivals
- Oust BJD govt for overall development, says Shah
- Unveiling the Hidden Gems: Surprising Health Benefits of Garlic Peels
- Overcoming Sleep Struggles: A Comprehensive Guide to a Restful Night
- RTC bus hit the auto
- MLA Kuchukula Rajesh Reddy participated in the Birappa festival
Pakistan's inflation soars to 5.8% in July
Pakistans Consumer Price Index CPI inflation soared to 58 per cent in July, up from 52 per cent in the previous month, thus registering a nearly fouryear high
Islamabad [Pakistan]: Pakistan's Consumer Price Index (CPI) inflation soared to 5.8 per cent in July, up from 5.2 per cent in the previous month, thus registering a nearly four-year high.
The current inflation rate, although less than figures estimated for the current fiscal, was fuelled by a rise in food inflation, recovery in global commodity prices including oil, consolidating domestic demand and depreciation of the rupee, The Dawn reported.
On an annual basis, the food inflation was up 3.5 per cent, and 0.6 per cent on a monthly basis.
The prices of non-perishable food items saw a marginal hike of 0.34 per cent, while that of perishable products increased by 2.3 per cent during the month.
Non-food inflation increased 7.4 per cent annually and 1.2 per cent on a monthly basis, on account of an increase in oil prices and the impact of a drop in exchange rates on consumers.
Meanwhile, core inflation was recorded at 7.6 per cent annually and 1.2 per cent on a monthly basis, excluding volatile food and energy prices.
