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Inflation decreases by 3.24% in the month of May

Pakistan encountered a remarkable decrease in inflation during the month of May, with figures dropping by 3.24%, as per information delivered by the PBS - Pakistan Bureau of Statistics.

Inflation facilitated to 11.76% in May, a huge improvement contrasted with earlier months. The average inflation from month of July 2023 to month of May 2024 was recorded at 24.52%, as detailed by the authority.

The report likewise features varieties in inflation rates among rural and urban regions, with urban communities encountering a decline of 2.80% and rural regions seeing a 3.89% decrease.

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