ISLAMABAD (Web Desk) – Pakistan’s annual inflation rate fell to 2.11 per cent in April from 2.49 per cent in March, the Pakistan Bureau of Statistics said on Monday.
On a month-on-month basis, prices rose 1.32 per cent in April over March.
The average annual inflation rate for July through to April was 4.81 per cent.
“If the price of oil doesn’t increase again and there are no other outliers or unexpected incidents, we expect that inflation will stay in this range,” said the bureau’s chief statistician, Asif Bajwa.