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PM welcomes inflation drop to 9-year low

by Sub News
February 3, 2025
PM welcomes inflation drop to 9-year low
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Islamabad, February 3, 2025: Prime Minister Shehbaz Sharif has hailed the continued decline in inflation, which fell to 2.4% in January 2025, marking its lowest level in nine years. He described this gradual reduction as a highly encouraging sign for the country’s economy.

At the start of 2024, the inflation rate stood at 28.73%, dropping significantly to 4.1% by December 2024 before further declining to 2.4% in January 2025. The prime minister noted that the fall in prices of essential commodities was improving the quality of life for ordinary citizens and generating positive economic indicators across all sectors.

He credited the steady decline in inflation to the government’s effective economic policies, emphasizing that the country was now on the right track. The government, he added, remains committed to further reducing inflation, improving the lives of citizens, and ensuring national welfare.

Shehbaz Sharif reiterated that Pakistan, having achieved economic stability, is now moving toward sustained growth, paving the way for long-term prosperity.

Tags: 4.1%9 years lowInflationIslamabadPakistanPrime MinisterShehbaz Sharif
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