Inflation in the country reached single digit after 3 years

Irshad Ansari: The effects of the measures taken by the federal government to control inflation have started to show and after 3 years, the inflation rate has reached single digits in the country on an annual basis, while the inflation rate on an annual basis in the last month (August) It has come to 9.6 percent.

According to the monthly inflation report issued by the Federal Bureau of Statistics, the inflation rate was 9.6 percent in August on a monthly basis, last year the inflation rate was recorded at 27.4 percent during August 2023, while the inflation rate was recorded at 27.3 percent during August 2022. was

According to the report, the rate of inflation was higher in urban areas than in rural areas. In August, the rate of inflation in urban areas was recorded at 11.7 percent, while the rate of inflation in rural areas was 6.7 percent.

According to the report of the Institute of Statistics, the price of onion increased by 23.62%, eggs per dozen by 12.39%, fresh vegetables by 12.25%, while pulses and chickpeas increased by 4.55%, potatoes by 2.90%, fresh and dry milk by 1.27% and 1.20% respectively. .

According to the report, fresh fruits became cheaper by 13.10% on monthly basis, tomatoes by 8.09%, flour price decreased by 3.40% on monthly basis, wheat, bread, cigarettes are also among the items that became cheaper on monthly basis.