Higher sugar, perishable prices drive inflation up
ISLAMABAD: Short-term inflation recorded a slight increase of 0.32 per cent year-on-year in the week ending February 27, owing to a rise in the retail prices of sugar and perishable products in the domestic market.
The inflation, measured by Sensitive Price Index (SPI), rebounded and recorded an upward trend for two weeks consecutively after a decline in seven weeks, mainly due to an increase in pulses, beef, egg and chicken prices. It increased by 0.38pc from the previous week, official data showed on Friday.
The overall........
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