The Pakistan Bureau of Statistics report, which revealed that inflation had dropped to single digits in August 2024, pleased Prime Minister Shehbaz Sharif on Monday.
"The government's economic team's hard work is bearing fruit, with Allah's grace," the prime minister declared in a statement released by the Prime Minister's Office.
In August, the consumer price index (CPI) of the nation increased by 9.6% YoY, according to data provided earlier in the day by the Pakistan Bureau of Statistics (PBS). This represents a 34-month low.
The prime minister stated that the government's efforts to strengthen the economy are reflected in the inflation rate falling to 9.6% in August. "In the last three years, this inflation rate has been the lowest, and credit
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