Pakistan June inflation accelerates to 5.21 percent



ISLAMABAD: Pakistan’s annual inflation rate in June spiked to 5.21 percent from 4.19 percent a month earlier, the Bureau of Statistics said on Wednesday.

On a month-on-month basis, the inflation rate was 0.57 percent in June, the bureau said.

Food items such as tomatoes, bananas, potatoes, and onions, as well as bus fares and children’s shoes were the main reason behind the increase in month-on-month prices. —Reuters