Inflation drops to 3%but Loom is in danger
Islamabad: Inflation reduced 3% in August to the back of a sharp decline in corrupted food prices, which was reduced by almost a quarter compared to a year ago. However, this relief may be temporary due to the impact of flooding that have flooded the Pakistan’s grain production areas. The Pakistan Office of Statistics (PBS) said Monday that inflation has been the lowest in the last two months, mainly due to lower food prices in rural and urban areas. Reading 3% struck the Ministry of Finance with a wide margin. Only last week, the ministry envisaged its monthly prospects that
