ISLAMABAD: The rate of inflation in the country declined in month of February with compare to Jaunary by one pint four percent due to the measures taken by the government.
Pakistan Bureau of Statistics (PBS) has released data of he sensitive price index for the month of February showing a decline in 11 household items.
The index showed that the inflation rate during the last week of February in 2019 remained at 14.60 for all income groups and witnessed a 1.16 percent decline during the same period of the ongoing year.
The basic food items that witnessed a decline in prices included potatoes showing 83 percent decrease in prices, tomatoes 60 percent, eggs 26 percent, vegetables 11 percent and flour five percent.
“The liquefied petroleum gas (LPG) and electricity prices showed a 13 percent decline in last week mainly owing to prime minister’s decision to pass on the benefit of low fuel prices in the international market to masses,” it said as gas charges witnessed a surge of upto 55 percent.
Onion witnessed the most surge in prices with 145 percent rise followed by pulse Moong with 89 percent, vegetable ghee 33 percent, bananas 30 percent, beef and milk upto nine percent.
“The fruits and pulses also witnessed an increase in four and two percent respectively,” the report said.
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