Pakistan’s CPI Surges to 7.3 Percent in March
Month-on-month, price pressures intensified sharply, with the Pakistan Bureau of Statistics reporting a 1.2 percent increase in March, a marked jump from the modest 0.3 percent uptick seen the previous month.
A closer look at the data reveals a divergence between urban and rural economies. City dwellers faced steeper price increases, with urban inflation climbing to 7.4 percent year on year in March, compared to 6.8 percent in February. Rural areas, however, offered a slight reprieve — easing marginally to 7.2 percent from 7.3 percent over the same period.
Zooming out to the broader fiscal picture, average inflation for the first nine months of the current fiscal year settled at 5.67 percent — modestly higher than the 5.25 percent registered during the corresponding period a year earlier, the data indicated.
The uptick signals mounting cost-of-living challenges as Pakistan navigates a fragile economic recovery, with monthly price momentum now running at its fastest pace in recent months.
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