Official data showed on September 2, 2024, after how many months Pakistan’s consumer inflation has dropped to single digit, eased to 9.6% in August compared to the high rate of 27.4% in the same month last year?

Correct Answer: B. 34

The country’s consumer inflation has dropped to single digits after 34 months, driven by a decrease in the prices of non-perishable goods and a high base effect from last year. The inflation, measured by Cons­umer Price Index (CPI), eased to 9.6 percent in August compared to the high rate of 27.4pc in the same month last year, official data showed on September 2, 2024.