Pakistan’s annual inflation rate eased to 3.70% in December from 3.81% in November, the Bureau of Statistics said on Monday, Reuters reported. On a month-on-month basis, prices decreased by 0.68% in December compared with November, the bureau said. Average inflation for the July-December period stood at 3.88%, compared with the same period last year. The steepest rise in year-on-year prices was seen in the prices of gram flour, pulse gram and besan. The steepest drop in year-on-year prices was in the price of onions, tomatoes and chicken.
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