Inflation rate slightly decreased in October
According to the federal bureau of statistics, the Inflation rate has slightly decreased in October as compared to the month of September.
As mentioned in the report issued by the bureau of statistics, the inflation rate in the month of September was 9.04%. Whereas in October the rate was 8.91%.
According to the monthly report of the Federal Bureau of Statistics, despite taking notice and commission on sugar, the opposite effect took place and the already expensive sugar became more expensive by 4.54% in the month of October.
According to the report, wheat became 8.39 percent more expensive in a month and wheat products became 8 percent more expensive, while the already expensive flour became 4 percent more expensive in October.
According to the statistics agency, tomatoes have gone up by 48% and onions by 39% in a month, while chicken has gone up by 26.6%, eggs by 23.8% and spices by 38.5% in October.
The price of tomato has gone up by 52% and wheat by 41.9% in the last four months, while the price of groundnut has gone up by 40.5% in the last four months.
From July to October, beans became costlier by 38.2 per cent, lentils by 34.4 per cent, lentils by 20.8 per cent and ghee by 17.5 per cent.
According to the report, sugar has gone up by 25.9 per cent and flour by 21.2 per cent in the last four months.