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Pakistan's inflation rate falls to 1.72 percent in August

It was the lowest year-on-year inflation in over 12 years.

“Pakistan’s inflation has been relatively low in the past year, mainly due to lower electricity and international oil prices,” said Chief Statistician Asif Bajwa.

On a month-on-month basis, prices fell by 0.24 percent in August from July.

The average annual inflation rate for July-August 2015-16 over July-August 2014-15 was 1.76 percent.

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