Monthly inflation rose to 8.22 per cent in June, according to data compiled by the Pakistan Bureau of Statistics (PBS).
The inflation rate crossed government’s annual target of 8pc for 2013-14 compared to 7.38pc in 2012-13. It rose mainly due to increase in prices of food items, especially vegetables.
On month-on-month basis, an increase of 0.6pc was witnessed in the inflation measured through Consumer Price Index (CPI) in June 2014 from the previous month of May.
The PBS figures showed that inflation measured through Sensitive Price Index (SPI) stood at 6.2pc in June. The prices of wholesale manufactured products also increased 7.7pc over the same month last year.
