Pakistan Inflation Rate at 11-1/2-Year Low

Pakistan annual inflation rate slowed to 3.24 percent in February of 2015 from 3.88 percent in the previous month. It is the lowest rate since September of 2003 as decline in oil prices brought transport cost down.

Year-on-year, transport prices dropped 11.12 percent after falling 8.1 percent in January. Kerosene oil decreased 29.69 percent and motor fuel declined 24.11 percent.

Upward pressures came from prices of housing, water, electricity, gas and fuels (5.72 percent), clothing and footwear (7.7 percent) and food and non-alcoholic beverages (1.19 percent). 

On a monthly basis, consumer prices fell 0.92 percent, the biggest drop since December of 2013.

Pakistan Bureau of Statistics | Joana Taborda |
3/2/2015 6:12:36 PM