Pakistan's consumer price index (CPI), a main gauge of inflation, rose 24.5% in December 2022 as compared to the same month a year ago when it was recorded at 12.28 per cent, the
Pakistan Bureau of Statistics (
PBS) said.
The CPI in December also witnessed a year-on-year rise from November as it went through an increase of 23.8% in the previous month,
Xinhua news agency quoted PBS as saying.
On a month-on-month basis, the CPI edged up 0.5% in December as compared to a growth of 0.8% in the previous month, the PBS figures showed.
The inflation rate had been in line with the
Ministry of Finance's monthly outlook for the month of December, ranging from 23 to 25%.
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