Web Desk (ISLAMABAD) — Pakistan’s inflation rate rose to 5.02 percent year-on-year in May from 4.78 percent a month earlier, the state Bureau of Statistics said on Thursday.
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On a month-on-month basis, prices were roughly flat, inching up 0.01 percent in May, the bureau said, as per a Reuters report.
Month-on-month price rises in food items such as cucumber, lemon and potatoes offset a steep drop in costs of squash and tomatoes.