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Inflation rate accelerated to 4.22 per cent year-on-year in February from 3.66 per cent in January, Pakistan Bureau of Statistics (PBS) said on Thursday.
On a month-on-month basis, prices rose by 0.28 per cent in February, the bureau said.
The rise in month-on-month inflation was mostly due to higher prices of food items such as tomatoes, peas, oranges and chicken.
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On DawnNews
Mar 02, 2017 03:19pm
Inflation rate rises when pay-ins are lesser than payouts.
If middle traders are eliminated these rates can be decreased.
Some paces in open grounds two days are given to farmers where they can directly sell vegetables to customers at affordable rates these are almost half price.
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Mar 02, 2017 04:42pm
I don't know when CPEC will shower its mercy of benefits but right now we are suffering immensely
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Mar 03, 2017 05:08am
If inflation rose 4.22% for the next 12 month inflation would go up 50%. It won't, but if Pakistan continues to borrow and borrow and borrow it will. All that government borrowing and interest repayment has to adversely affect the currency.
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