Saturday, January 28, 2023

Inflation rose 1.15 percent in one month, bringing the annual rate to 12.24 percent

According to the Bureau of Statistics, monthly inflation numbers were issued. It has been reported that inflation increased by 1.15 percent in one month, with the overall inflation rate reaching 12.24 percent.

The inflation rate in February 2021 was 8.7 percent, according to the Bureau of Statistics. On a year-on-year basis, inflation increased to 3.54 percent; from July to February of the current financial year, it increased by 10.52 percent; in one year, the price of tomatoes as a whole increased by more than 310 percent; the price of edible oil increased by 41.03 percent; and the price of vegetable ghee increased by more than 20 percent.

Prices of pulses increased by 38.82 percent, lentils increased by 38.42 percent, vegetables increased by 33.31 percent, meat increased by 23.64 percent, and rice increased by 11.89 percent in the last year.

When comparing February 2022 to January 2022, tomatoes in urban areas increased in price by 191.72 percent. On average, poultry prices rose by 11.61 percent, vegetables rose by 10.69 percent, fruits rose by 7.32 percent, mustard oil rose by 5.33 percent, vegetable ghee rose by 2.68 percent, and cooking oil rose 2.37 percent.

According to the Bureau of Statistics, tomatoes have increased in price by 198.35 percent, poultry has increased in price by 8.73 percent, vegetables have increased in price by 10.69 percent, and cooking oil has increased in price by 3.74 percent in rural areas.

Read more:Imran Khan speech: petrol price reduce by Rs10, electricity by Rs5

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