Pakistan's Inflation Drops To An All-Time Low As Government Cuts Fuel Prices
Edited By WION Video Desk
Published: Oct 02, 2024, 24:00 IST | Updated: Oct 02, 2024, 24:00 IST
In a rare development, all three key inflation indicators—the annual inflation rate, core inflation rate, and average inflation rate—have fallen to single digits, signaling a significant easing of inflationary pressures. In August 2024, Pakistan’s inflation dropped to 9.6% for the first time in 34 months. This downward trend continued into September, with the rate further decreasing to 6.9%.
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