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Inflation slows to 11.8pc in May, lowest in 30 months


June 3, 2024

Pakistan’s consumer price index (CPI) in May rose 11.8pc from a year earlier, data from the Pakistan Bureau of Statistics (PBS) showed on Monday, the lowest reading in 30 months and below the finance ministry’s projections. The lowest reading comes a week before the central bank meets to review the key rate which has remained at a historic high of 22pc for …

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