• Download the Constitution of Pakistan
  • Advertise
WRITE FOR US
Economy.pk
No Result
View All Result
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
No Result
View All Result
Home Business

Inflation in February fringed to 8.7 percent

by News Desk
March 2, 2021
in Business, Finance, Food
Reading Time: 1 min read
Consumer items inflating to 8 percent
Share on FacebookShare on Twitter

On Monday the data released by the Pakistan Bureau of Statistics showed that the month of February saw a rebound in prices of consumer items as the inflation fringed up to 8.7 percent from 5.7 percent in January.

On a monthly basis, the inflation increases by 1.8 percent mainly due to a rise in prices of petroleum products, cooking oil, pulses, and charges for end consumers.

For the past few months, the non-edible inflation has been unwavering on the rise due to the higher energy prices.

In the month of February, no official word came from the cabinet ministers over the inflation rebound.

 Although no hiatus has been seen in vegetables or cooking oil prices, instead the higher cooking oil, ghee and energy were the prime contributors as vegetable ghee prices were on a rise at the Utility stores Corporation. Along with the shortages in the domestic productions. 

Inflation at the beginning of the current fiscal year stood at 9.3 percent in July, going down to 8.2 percent in August before rebounding to 9 percent in September.

Since then the inflation has been going downhill giving some relief to the end consumers. 

Tags: Consumer itemsCooking oilGheePakistan Bureau of Statistics
News Desk

News Desk

Related Posts

Toyota Prius Wins Car Of The Year 2023-24

Toyota Prius Wins Car Of The Year 2023-24

The Toyota Prius has clinched the coveted title of Car of the Year for 2023-24, as declared by the esteemed...

SBP Likely to Keep Key Policy Rate Steady in Tuesday's Monetary Policy Committee Meeting

SBP Likely to Keep Key Policy Rate Steady in Tuesday’s Monetary Policy Committee Meeting

The State Bank of Pakistan (SBP) is anticipated to maintain its key interest rate for the fourth consecutive policy meeting...

MARI successfully drills development well in Sindh

MARI successfully drills development well in Sindh

Mari Petroleum Company Limited (MARI), one of the country's leading natural gas producers, has successfully drilled and tested a horizontal...

Gold Rate in Pakistan Today – 11 December – Latest Price

Gold Rate in Pakistan Today – 11 December – Latest Price

On Monday 11 December 2023, (Today) The 24-karat Gold rate is Rs. 216,300 and the Price of the 22-karat Gold...

PSX Witnesses a Sharp Decline of Over 600 Points in Intraday Trading

PSX Witnesses a Sharp Decline of Over 600 Points in Intraday Trading

Shares at the Pakistan Stock Exchange (PSX) witnessed a substantial downturn, breaking their record-breaking streak on Monday. Analysts attribute the...

US Dollar vs Pakistani Rupee Rate Today – December 11, 2023

US Dollar vs Pakistani Rupee Rate Today – December 11, 2023

On Monday the Pakistani Rupee gain marginal against the US Dollar during the initial hours of trading in the interbank...

Next Post
Exports falling to 4.5 percent

In February Exportation's falling by 4.5 percent

Please login to join discussion

Recent Posts

  • Toyota Prius Wins Car Of The Year 2023-24
  • Abu Dhabi Is the World’s Newest Wealth Haven for Billionaires
  • Australia Proposes a 50% Reduction in Migrant Intake as Part of New Plan
  • SBP Likely to Keep Key Policy Rate Steady in Tuesday’s Monetary Policy Committee Meeting
  • Pakistan Disapproves of Indian Supreme Court’s Ruling on illegally occupied Jammu and Kashmir

Twitter

Economy.pk

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Categories

  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos

Privacy & Legal

  • Privacy Policy
  • Cookies

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • About
  • Advertise
  • Contact

© 2023 Economy.pk

No Result
View All Result
  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 Economy.pk