INFLATION RATE IN PAKISTAN BETWEEN 2008 and 2012.
(Najamuddin Ghanghro, Karachi (Original from Larkana))
IF SOMEONE FOR EXAMPLE SAY TO
ME THAT INFLATION RATE IN PAKISTAN HAS BEEN REDUCED AT ABOUT 200% IN
COMPERATTIVE TO 2008 ( PRESENT GOVT. TAKE OVER) I NEVER HAVE BEEN BELIEVED BCAZ
USUALLY PPL THINK, INFLATION RATE IN PAKISTAN IS INCREASING DAY BY DAY BUT BEING
A ECONOMIST (MASTER IN ECOMICS) AND LOOKING AT THE kARACHI STOCK EXCHANGE'S 100
INDEX RATE ( WHICH BROKE ALL PREVIOUS RECORDS AND NOW A DAYS IT'S ON HIGHEST
RATE IN HISTORY), IT WAS MY COMPULTION TO BELIEVE IT. IN THIS CONNECTION JUST
FEW MOMENTS BACK, I WAS WATCHING A PRESS CONFERNCE OF INFORMATION FEDRAL
MINISTER,PAKISTAN WHO ALSO CL;AIMED THAT WHEN THEY TAKE OVER IN 2008, THE RATE
OF INFLATION (IN 2008) WAS ABOVE 25% WHICH NOW IS AT 8-9% AND MY SURPRISE NO ONE
OBJECTED ON HIS SUCH CLAIM( BCAZ I KNOW IT IS A FACT).
Instead I got help from the google to see and found the following which I am
posting here for u to decide as what is rel and what ius wrong.
The inflation rate in Pakistan was recorded at 8.79 percent in September of
2012. Historically, from 2003 until 2012, Pakistan Inflation Rate averaged 10.60
Percent reaching an all time high of 25.33 Percent in August of 2008 and a
record low of 1.41 Percent in July of 2003. Inflation rate refers to a general
rise in prices measured against a standard level of purchasing power. The most
well known measures of Inflation are the CPI which measures consumer prices, and
the GDP deflator, which measures inflation in the whole of the domestic economy.
This page includes a chart with historical data for Pakistan Inflation Rate.