Inflation rose again to 9.26 percent on an annual basis during the last week, according to the Federal Bureau of Statistics.
Islamabad: Inflation continued to rise across the country during the holy month of Ramadan. On a weekly basis, inflation rose to 0.01 per cent last week, but rose to 9.26 per cent on an annual basis during the last week.
According to the Federal Bureau of Statistics, prices of 14 essential commodities, including crushed red pepper, rice, fresh milk, chicken, mutton, beef, tomatoes and garlic, rose during the week, while potatoes, onions, eggs, sugar, Prices of 11 essential commodities including dal gram, dal masoor, dal mung, dal mash, vegetable table ghee and flour declined and prices of 26 items remained stable.
According to the report of the Department of Statistics, on an annual basis, the inflation rate for the class earning Rs 17,732 per month is 10.93 per cent, for those earning Rs 17,733 to Rs 22,888 per month, the inflation rate is 10.47 per cent, Rs 22,889 to Rs 29 per month. For those earning up to Rs 5,517 per month, the inflation rate increased by 13.17 per cent, for those earning between Rs 29,518 and Rs 44,175 per month, the inflation rate increased by 11.91 per cent, while those earning more than Rs 44,176 per month The inflation rate for the class was 7.64 percent.