Annual inflation eases to 9.7pc YoY in June 2021

23

The annual inflation rate eased to 9.7 percent on a year-on-year (YoY) basis in June 2021 as compared to an increase of 10.9 percent in May and 8.6 percent in June 2020.

According to the data released by Pakistan Bureau of Statistics (PBS) on Thursday, on a month-on-month basis, the Consumer Price Index (CPI) based inflation decreased by 0.2 percent in June 2021 as compared to an increase of 0.1 percent in the previous month and an increase of 0.8 percent in June 2020.

According to PBS, the CPI inflation urban increased by 9.7% on a year-on-year basis in June 2021 as compared to an increase of 10.8% in the previous month and 7.6% in June 2020. On a month-on-month basis . —TLTP

Previous articleCement export increase 4.57%, reaches $253.584m
Next articleBitcoin down, ether up as cryptos show mixed performance