Annual consumer inflation increases to 11.1% in April : vima

Annual consumer inflation increases to 11.1% in April


Annual consumer inflation increases to 11.1% in April
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Annual consumer inflation shoots up to 11.1% in April from 9.1% in March.
The April outrun is in contrast to the government’s forecast.
CPI inflation increased by 1% in April 2021 as compared to an increase of 0.4% in the previous month.
ISLAMABAD: Due to a rise in prices of food and energy posing a downside risk to the economic growth recovering from the pandemic, the annual consumer inflation has shot up to 11.1% in April from 9.1% in March,
The News, citing official data, reported on Sunday.
The April outrun is in contrast to the government’s forecast, as the Ministry of Finance expected inflation to remain between 8 - 9.5% in April.

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