Categories: Business

SPI based yearly inflation falls to 8.2%: Asad Umar

F.P. Report

ISLAMABAD: Minister for Planning, Development and Special Initiative Asad Umar Friday said that the Sensitive Price Index (SPI) based inflation had fallen to less than half in three months.

“Inflation continues to fall, latest weekly SPI has been declined to 8.2 percent this week,” he said in his tweet.

He said the year on year SPI in January this year was above 20 percent.

“So the rate of inflation for essential products used by common citizens has fallen to less than half in the last 3 months,” he added.

The Frontier Post

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