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Pak inflation inches up to 4.17pc

Pak inflation inches up to 4.17pc

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ISLAMABAD: Inflation increased to 4.17 per cent in April from 3.94pc in the preceding month, mainly on the back of hike in pulse and gas prices.
On a month-on-month basis, prices rose 1.55pc in April, the Pakistan Bureau of Statistics said on Monday, reports the Dawn.
The annual inflation is measured through the Consumer Price Index (CPI), which tracks prices of 481 commodities. Average inflation for the July-April 2015-16 period now stands at 2.79pc compared to 4.81pc a year earlier.
Core inflation, measured by excluding volatile food and energy prices, was recorded at 4.4pc in April 2016, slightly lower than 4.7pc in the previous month.