Pakistan inflation slows to 11.8% in May, lowest in 30 months
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Pakistan's consumer price index (CPI) in May rose 11.8% from a year earlier, the lowest reading in 30 months and below the finance ministry's projections. Month-on-month consumer prices fell 3.2%, the biggest drop in more than two years. The finance ministry expects inflation to hover between 13.5% and 14.5% in May and ease to 12.5% to 13.5% by June 2024. The actual readings have come in even lower due to a sharper dip in food prices.



https://www.investing.com/news/economy-news/pakistan-inflation-slows-to-118-in-may-lowest-in-30-months-3467037