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Investing.com -- Pakistan’s annual inflation rate has slowed down to 1.5% in February, marking the lowest rate in nearly ten years.
This figure falls below the estimates provided by the country’s finance ministry, according to data released by the statistics bureau on Monday.
The inflation rate, which had hit a high of 23.1% in February 2024, has seen a significant ease. This cooling trend in inflation has been a key economic indicator for Pakistan.
In addition, the Pakistan Bureau of Statistics reported a drop in consumer prices for February. The prices fell by 0.8% compared to the previous month.
The decrease in consumer prices further highlights the slowing inflation rate in the country.
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