ISLAMBAD: The Bureau of Statistics has released its December inflation report, highlighting a notable decrease in inflation rates compared to the previous year. Inflation for the first six months of the current fiscal year was recorded at 7.22 percent, a significant drop from the 28.79 percent registered during the same period of the last fiscal year.
December Inflation Overview
In December, the annual inflation rate stood at 4.1 percent, compared to a staggering 29.7 percent in December of the previous year. Urban areas witnessed inflation declining to 4.4 percent, down from 30.9 percent in December last year and from 5.2 percent in November 2024. Similarly, rural inflation dropped to 3.6 percent in December, compared to 27.9 percent in December 2023 and 4.3 percent in November 2024.
Price Changes in December
The Bureau of Statistics reported mixed trends in the prices of essential commodities:
Commodities with Price Increases:
- Potatoes: Up by 12.42 percent
- Fresh fruits: Up by 8.84 percent
- Ghee: Up by 5.42 percent
- Cooking oil: Up by 4.39 percent
- Honey: Up by 2.79 percent
- Sugar: Up by 2 percent
- Fish: Up by 1.82 percent
- Eggs: Up by 1.01 percent
- Meat: Up by 0.81 percent
- Dry fruits: Up by 0.32 percent
- Wheat: Up by 0.27 percent
Commodities with Price Decreases:
- Chicken: Down by 13.06 percent
- Dal Chana: Down by 6.94 percent
- Onions: Down by 4.91 percent
- Tomatoes: Down by 3.28 percent
- Mash Dal: Down by 2.59 percent