No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
  • PSL 8
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
  • PSL 8
No Result
View All Result
No Result
View All Result

Inflation rate in November stood at 23.8 per cent, 12.3 pc more than last year

Zain Aijaz by Zain Aijaz
December 1, 2022
in Business, Latest News, National, News, Top News
Reading Time: 1 min read
Inflation rate in November stood at 23.8 per cent, 12.3 pc more than last year
Share on FacebookShare on Twitter

The Federal Bureau of Statistics has released the inflation report which disclosed that the inflation rate during November reached 23.8 per cent. Last month, the inflation rate stood at 26.6pc (0.76pc more than the current month’s rate). In comparison to last year, the inflation rate was 11.5pc in November (12.3pc less than the current year).

In terms of rural and urban areas, the rate of inflation in cities stood at 21.6pc and 27.2pc in rural. Prices of onion, tomato, dry fruits, eggs, sugar, dry milk, tea leaves and fish prices have increased on a monthly basis.

The stats released showed that the price of onion went up by 286pc in rural areas and by 285pc in urban areas. Similarly, the price of dal mash soared by 50.78pc in rural and 47.76pc in urban areas, while wheat increased by 47.16pc in rural and 43.4pc in urban territories. Rice, mung dal, mustard oil, cooking oil, and ghee also increased, and food items became expensive by 31pc in one year.

Other than food items, motor fuel rates increased by 52pc, transport fares rose by 44pc, and clothes & shoes became expensive by 18.5pc in one year. Housing, water, electricity, and gas became expensive by 10pc. The inflation rate in health sector increased by 17pc, education by 11pc, and recreational facilities by 25pc.

Related

Zain Aijaz

Zain Aijaz

Zain is a media student and a writer by passion. He is a certified creative writer from Wesleyan University and enthusiastically writes on non-fiction and political satire. He is vastly experienced in the field of theatre and has served as a theatre mentor across different institutions. Currently, he is a contributor at The Upcut and can be reached at zainaijazdehlvi@gmail.com

Related Posts

PCB to create history by naming enclosures of Bugti cricket stadium after former women's cricketers of Pakistan cricket team
Featured

PCB to create history by naming enclosures of Bugti cricket stadium after former women’s cricketers of Pakistan cricket team

January 26, 2023
WhatsApp decides to make users' life easier with new updates
Latest News

WhatsApp decides to make users’ life easier with new updates

January 26, 2023
PSX in green zone after historic devaluation of rupee; KSE-100 index gains over 1000 points
Business

PSX in green zone after historic devaluation of rupee; KSE-100 index gains over 1000 points

January 26, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

TOP NEWS

PCB to create history by naming enclosures of Bugti cricket stadium after former women's cricketers of Pakistan cricket team

PCB to create history by naming enclosures of Bugti cricket stadium after former women’s cricketers of Pakistan cricket team

by admin
January 26, 2023

Lahore: For the first time in the history of cricket any enclosure of a cricket stadium will be named after...

PSX in green zone after historic devaluation of rupee; KSE-100 index gains over 1000 points

PSX in green zone after historic devaluation of rupee; KSE-100 index gains over 1000 points

by Zain Aijaz
January 26, 2023

The devaluation of Pakistani currency (Rupee Devaluation) has created a positive sentiment in the market at the Pakistan Stock Exchange...

ICC names Babar Azam ODI player of the year for consecutive second year

ICC names Babar Azam ODI player of the year for consecutive second year

by Zain Aijaz
January 26, 2023

The captain of the national cricket team, Babar Azam, has been declared the ICC ODI Player of the Year for...

Pakistan seeks US help for revival of IMF programme

Pakistan seeks US help for revival of IMF programme

by Zain Aijaz
January 26, 2023

Islamabad: On Wednesday, Pakistan reached out to the delegation of the United States (US) in an attempt to seek their...

The Upcut is a news platform that brings you the latest news, developments from all walks of life, from all over the world. We cover Business, news from Pakistan and rest of the world, Sports, and Entertainment. You can also read Tech Reviews and How-To Guides for simple solutions and dailylife hacks.

BUSINESS   |   NATIONAL   |   WORLD   |   SPORTS   |   ENTERTAINMENT   |   TECH   |   HOW-TO GUIDES

  • Home
  • About Us
  • Privacy Policy
  • Editorial Guidelines
  • Contact Us
  • Stories

Copyright © 2022 The Upcut. All rights reserved.

No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
  • PSL 8

Copyright © 2022 The Upcut. All rights reserved.