Inflation rebounds to 5.6pc on food price surge
ISLAMABAD: Inflation, measured by the Consumer Price Index (CPI), rose to 5.6 per cent in September, up from 3pc in August, marking a sharp increase driven by rising prices of perishable goods, according to official data released by the Pakistan Bureau of Statistics (PBS) on Wednesday.
The reversal in the inflation trend over the past two months is largely attributed to a sharp rise in the prices of essential food items. The inflation between July and September was recorded at 4.22pc this year, the lowest compared to 9.19pc over the corresponding months of last year. This lower rate is also due to the high base effect of last year.
Despite the month-on-month increase, average annual inflation for FY25 dropped sharply to 4.49pc from 23.41pc in the previous year, aided by a high base effect,........
© Dawn Business
