Inflation increases to 7.4 per cent in Feb

KARACHI: Pakistan’s year-on-year inflation in February rose to 7.4 per cent, the Pakistan Bureau of Statistics said on Friday.

On a month-on-month basis, the consumer price index fell 0.3 per cent from January. Average inflation rate July-Feb fiscal year (2012-13) was 8.16 per cent.

According to data released by the Pakistan Bureau of Statistics (PBS) on Friday, the Wholesale Price Index (WPI) and Sensitive Prices Index (SPI) in February 2013 increased by 0.34 per cent and 0.07 per cent as compared to the previous month (Jan 2013).