KARACHI, Pakistan (Reuters) – Pakistan’s inflation rate clocked in at 31.4% year-on-year, rising from 27.4% in August, data from the statistics bureau showed on Monday, as the cash-strapped nation reels from high fuel and energy prices.
On a month-on-month basis, inflation climbed 2% for September, compared to an increase of 1.7% in August.
Inflation during the first quarter of the current fiscal year averaged 29%.
(Reporting by Ariba Shahid in Karachi; Editing by Muralikumar Anantharaman)
