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Pakistan

Pakistan inflation rate falls to 3.66pc

ISLAMABAD: Pakistan's inflation rate eased to 3.
Published February 1, 2017

imageISLAMABAD: Pakistan's inflation rate eased to 3.66 percent year-on-year in January, a touch lower from 3.70 percent in December, the Bureau of Statistics said on Wednesday.

On a month-on-month basis, prices increased by 0.18 percent in January compared with December, the bureau said.

The rise in month-on-month inflation was mostly due to higher prices of food items such as cucumber, pomegranate and oranges, as well as the cost of house rent, petrol and diesel.

Copyright Reuters, 2017

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