Larkana maintains highest inflation rate

Sunday, January 15th, 2012 4:30:04 by

RIZWAN BHATTI
KARACHI: Larkana, the city of the ruling party, continued to observe highest inflation and, for the second consecutive month, it appeared to be the most expensive city of the country.
According to State Bank of Pakistan’s inflation monitor, among 40 largest cities of Pakistan highest inflation was observed in Larkana during December 2011.
Larkana city observed 16 percent inflation in December 2011 compared with 15.3 percent in November 2011. Analysis showed that both components of inflation, comprising food and non-food, witnessed increase, as food inflation surged to 14.5 percent from 13.8 percent and non-food inflation 16.4 percent in November 2011 to 17 percent in December 2011.
According to SBP, the Consumer Price Index (CPI) inflation on year-on-year basis in federal and provincial capitals of Pakistan was lower than overall inflation observed during December 2011. Among five largest cities, the highest inflation was observed in Karachi which was 9.1 percent, while the lowest inflation was observed in Quetta which was 7.8 percent, during the period under review.
Among federal and provincial capitals, the inflation in Islamabad, Lahore and Peshawar was 8.3 percent, 8.3 percent and 7.9 percent respectively during December 2011. In Karachi, food inflation was higher than non-food inflation,…
Quetta News Sources

Tags: , , , ,

Short URL: https://quetta.newspakistan.pk/?p=741

Posted by on Jan 15 2012. Filed under Latest News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply


Search Archive

Search by Date
Search by Category
Search with Google
Groupin.pk Deals
Log in