[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 – OCT % CHANGES
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2017-18
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2016-17
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2015-16
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|||||
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CPI
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3.50
|
3.95
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1.65
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||||
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SPI
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0.89
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1.74
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-0.84
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WPI
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1.39
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3.17
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-2.99
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