News

Inflation breaks 47-year record in country

Inflation rate rises to 27.3 percent in August last

September 1, 2022 04:33 PM


Inflation rate in the country broke 47-year record, for it rose to 27.3 per cent in the previous month, reported 24NewsHD TV channel on Thursday.

According to the Pakistan Bureau of Statistics, inflation was 24.9 per cent in July 2022, and it was 8.4 per cent in August 2021.

The inflation rate remained 26.2 per cent in cities and 28.8 per cent in villages in August last. In this month, the price of tomatoes increased by 52.8 per cent, moong pulse by 15.2 per cent and vegetables by 13.4 per cent.

In one month, the price of mash pulse increased by 12.4 per cent, masoor pulse by 11.6 per cent and eggs by 7.5 per cent.

Electricity tariffs increased by 19.7 per cent, whereas, the price of liquefied fuel rose by 6.9 per cent in August.

Moreover, electricity tariffs in cities rose by 123.3 per cent in a year.

On an annual basis, the price of masoor pulse rose by 118.6 per cent, onion by 96.7 per cent and gram by 88.8 per cent.

In one year, the price of cooking oil increased by 69.6 per cent and ghee by 68.6 per cent.

Also, the price of gram pulse increased by 65.6 per cent, chicken by 63.2 per cent and mash pulse by 52.3 per cent during this period.

On an annual basis, the price of gram flour increased by 48.5 per cent, vegetables by 41.6 per cent and wheat by 39.8 per cent.

In one year, the price of rice increased by 35.2 per cent, eggs by 34.5 per cent and meat by 26 per cent.

 

Reporter: Waqas Azeem



Most Read

  1. Here are some unknown facts about Mahira Khan hubby Salim Karim Here are some unknown facts about Mahira Khan hubby Salim Karim
  2. Dutch scientist predicts massive quake to hit Balochistan in next 48 hours Dutch scientist predicts massive quake to hit Balochistan in next 48 hours
  3. Electricity bills nonpayment lands Master Tile owner in lock-up Electricity bills nonpayment lands Master Tile owner in lock-up
  4. Saba Qamar’s controversial dance moves land her in trouble Saba Qamar’s controversial dance moves land her in trouble
  5. 134 more suspects identified in MDCAT scandal 134 more suspects identified in MDCAT scandal
  6. Mahira Khan ties the knot with Salim Karim in western-style wedding ceremony Mahira Khan ties the knot with Salim Karim in western-style wedding ceremony

Opinion

  1. Wave of terror attacks targets places of worship in Pakistan, resilience remains unshaken
    Wave of terror attacks targets places of worship in Pakistan, resilience remains unshaken

    By Rehan Khan Ghauri

  2. Gandhi for the world and Godse for India:Subterfuge or plainspokenness
    Gandhi for the world and Godse for India:Subterfuge or plainspokenness

    By Dr Ghulam Nabi Fai

  3. China National Day: Strengthening China-Pakistan Friendship and Coordinated Economic Cooperation
    China National Day: Strengthening China-Pakistan Friendship and Coordinated Economic Cooperation

    By Dr Asif Channer

  4. Gender equality: A pre-requisite for a balanced society
    Gender equality: A pre-requisite for a balanced society

    By Mehak Sabir

  5. Time to move on and build a better Pakistan
    Time to move on and build a better Pakistan

    By Murtaza Rafiq Bhutto