Inflation rate rises to 8.40% in Pakistan

The Bureau of Statistics, while releasing inflation data on a monthly basis, said that the rate of inflation in July 2021 was 8.40%. Thus, inflation rose by 1.34 percent in July compared to June.

According to the latest data released by the Bureau of Statistics, in urban areas, tomatoes became costlier by 42.40 per cent and onions by 34.53 per cent, edible ghee by 6.70 per cent and oil by 6.56 per cent.

Similarly, in rural areas, cooking oil became costlier by 33.43% and ghee by 30.41% on a monthly basis.

On a monthly basis, sugar prices rose by 5.08 per cent and potatoes and lentils by 4.89 per cent, according to the bureau.

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According to the statistics agency, tomatoes became cheaper by 26.85 per cent, lentils by 22.33 per cent and potatoes by 13.77 per cent on an annual basis. On an annual basis, potatoes became cheaper by 16.17% and fruits by 13.93% in the cities.

In urban areas, Mung lentil became cheaper by 11.36 per cent and chicken by 10.07 per cent. Mash pulse became cheaper by 5.18 per cent and Masoor lentil by 1.24 per cent.

Tomatoes became 101.63 percent more expensive in rural areas on a monthly basis. Onions became costlier by 47.62 per cent, potatoes by 12.66 per cent and vegetables by 5.16 per cent.

According to the statistics, on an annual basis, eggs became 22.37 per cent and sugar 21.46 per cent more expensive in rural areas.