Tag Archives: Earlier gains undermined as inflation resurges to over 7pc

ISLAMABAD: Influenced by faster rupee depreciation and demand pressure, inflation resurged to 7.2 per cent year-on-year in January, undermining earlier gains, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday. The country’s inflation has now crossed the four-year high of 6.78pc recorded in October last year — the period when global oil prices started declining. Inflation …

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