Official data showed on September 2, 2024, after how many months Pakistan’s consumer inflation has dropped to single digit, eased to 9.6% in August compared to the high rate of 27.4% in the same month last year?
A30
B34
C40
D38
Correct answer
B. 34
Explanation
The country’s consumer inflation has dropped to single digit after a period of 34 months, driven by a decrease in the prices of non-perishable goods and a high base effect from last year. The inflation, measured by Consumer Price Index (CPI), eased to 9.6 per cent in August compared to the high rate of 27.4pc in the same month last year, official data showed on Monday.