[ Inflation has eased ] The latest data released by the Pakistan Bureau of Statistics (PBS) on 3rd June, 2013 shows a marked slowdown in the rate of inflation. The Consumer Price Index (CPI) which is considered as the most important indicator of inflation increased by 5.1 percent on year-on-year basis in May, 2013 as compared to 5.8 percent in the previous month and 12.3 percent in May, 2012. On month-on-month basis, it rose by 0.5 percent in May, 2013 as compared to 1.1 percent in the previous month and a rise of 1.1 percent in the corresponding month last year. Similar was the case with Sensitive Price Index (SPI) and Wholesale Price Index (WPI) which went up by 6.78 percent and 4.10 percent on year-on-year basis as compared to 8.08 percent and 7.06 percent respectively in the corresponding period last year. S.W.A
Posted on: Fri, 07 Jun 2013 09:21:32 +0000
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