Pakistan Inflation Rate at New 11-1/2-Year Low

Consumer prices in Pakistan rose 2.49 percent in March of 2015, down from 3.20 percent reported in the previous month, as a result of declining fuel costs.

Although housing, water, electricity, gas and fuels prices increased 5.70 percent compared to March of 2014, kerosene oil and motor fuel prices declined 30.26 percent and 23.16 percent respectively.  

Additional downward pressure came from: food and non-alcoholic beverages (-0.48 percent) and transport prices (-10.74 percent). In contrast, clothing and footwear prices went up by 7.37 percent; furnishing and household equipment grew 5.55 percent; education, communication and health prices rose 14.22 percent, 0.32 percent and 4.31 percent, respectively.

On a monthly basis, consumer prices rose 0.23 percent as food and non-alcoholic beverages’ prices went up by 0.55 percent pushed by higher costs of vegetables, fruits and other food products. In contrast, transport prices fell 0.14 percent.

Pakistan Inflation Rate at New 11-1/2-Year Low

Pakistan Bureau of Statistics | Joana Ferreira |
4/1/2015 1:55:16 PM