Federal Minister for Planning and Development Asad Umar has said the rate of inflation for essential products has fallen to less than half in the last three months.
In a tweet on Friday, he said the inflation continues to fall. He said the Special Price Index (SPI) was above twenty percent in mid-January. He said the SPI is down to 8.2 percent this week.
Inflation continues to fall. Latest weekly spi down to 8.2% this week. The year on year spi was above 20% in mid January. So the rate of inflation for essential products used by common citizens has fallen to less than half in the last 3 months
— Asad Umar (@Asad_Umar) April 10, 2020