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Market Update: Pakistan Wholesale Prices Ease in July
Pakistan annual wholesale inflation slowed to 17.27 percent in July of 2021 from a 10-year high of 20.85 percent in June, as prices eased for agriculture forestry & fishery (19.46 percent vs 21.19 percent in June), food, beverages, tobacco, textiles (16.44 percent vs 17.12 percent), and metal product, machinery & equipment (14.89 percent vs 18.71 percent). On the other hand, ores/minerals, electricity, gas & water prices advanced faster (4.59 percent vs 3.83 percent). On a monthly basis, producer prices went up 2.28 percent after a 0.91 percent gain in the prior month. source: Pakistan Bureau of Statistics [/s2If]
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