Inflation clocks in at 9.1%
Power rates were 31.5% higher than a year ago and almost all kitchen items recorded a double-digit rise in prices
PHOTO: FILE
ISLAMABAD:
Inflation jumped to over nine per cent in March – the highest rate in as many months – due to surge in prices of food and electricity, particularly in the rural areas of the country, the Pakistan Bureau of Statistics (PBS) reported on Thursday.
The PBS recorded 9.1% inflation rate three days after Prime Minister Imran Khan sacked Finance Minister Dr Abdul Hafeez Shaikh on charges of not controlling inflation, although the real reason was the central bank’s autonomy.
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