Pakistan & Gulf Economist Pakistan's Business Financial Magazine
Inflation is a sustained increase in the general level of prices of goods and services in an economy. When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power per unit of money.
INFLATION IN PAKISTAN (Base 2007-08) | |||||||
|---|---|---|---|---|---|---|---|
INDEX | AVERAGE JULY – APRIL % CHANGES | ||||||
2016-17 | 2015-16 | 2014-15 | |||||
CPI | 4.09 | 2.79 | 4.81 | ||||
SPI | 1.51 | 1.44 | 1.86 | ||||
WPI | 4.00 | -1.30 | 0.03 | ||||
