Inflation will continue to decline in coming months: Asad

By: News Desk
Published: 09:56 PM, 2 May, 2020
Inflation will continue to decline in coming months: Asad
Caption: Federal Minister for Planning, Development and Special Initiatives Asad Umar.–File photo
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Federal Minister for Planning, Development and Special Initiatives Asad Umar has said that inflation in Pakistan has been showing a sharp decline for the last three months.

This trend would continue in the months to come, he said in a tweet. He said that Consumer Price Index fell to 8.5 percent last month, which is the third successive month of a sharp decline in inflation, with CPI dropping by more than six percent in the last three months.

With a sharp decrease in petroleum prices, this month's inflation would be lower too, the minister for planning, development and special initiatives added.