6% increase in inflation during November | Goonj

6% increase in inflation during November

ISLAMABAD – November has been really hard on the people in terms of inflation in the country. The inflation rate has increased to 6% in the last month. Basic necessities had gone out of range for the majority population as the inflation was skyrocketing.

Recorded increase in the inflation rate during the last month of November was 6%. According to the Institute of Statistics, the increase in the inflation rate has been of 6.5 % while it was 6.8% in the month preceding that, October.

According to The Institute of Statistics, the inflation rate from July to November was around 6.2%.

The prices of chicken meat went up to 19% increase which affected a lot of people around the country. The increment in the prices of other important items are as follows:

Eggs:- 9% increase in the prices during the last month of November.
Petrol:- 5% increase in the prices during the last month of November.
Diesel:- 7% increase in the prices during the last month of November.
Pulses:- 5% increase in the prices during the last month of November.
Dairy:- Products 2.5% increase in the prices during the last month of November.
Cement:- 2% increase in the prices during the last month of November.

According to economic experts, the inflation rate has reached its highest level in four years. The major impact has been on the poor people who are finding it difficult to earn for even two meals of the day.

The current government has been under heavy criticism due to increasing prices of all products. The inflation rate of November only has been 6%.