[dropcap]I[/dropcap]nflation 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.
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INFLATION IN PAKISTAN (Base 2007-08)
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INDEX
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AVERAGE JULY – APRIL % CHANGES
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2016-17
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2015-16
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2014-15
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|||||
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CPI
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4.09
|
2.79
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4.81
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||||
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SPI
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1.51
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1.44
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1.86
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WPI
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4.00
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-1.30
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0.03
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