Our efforts to reduce inflation are now showing results, says PM

Sharing the ‘good news’ from economic front, PM wrote that Consumer Price Index (CPI) and core inflation are both now lower than when his government was formed.

Imran Khan further said that he has instructed his economic team to stay vigilant and ensure that inflation in under control.

“More good news on the economic front. Our efforts to reduce inflation are now showing results. Consumer price index & core inflation are both now lower than when our government was formed. I have told my economic team to stay vigilant & ensure that inflation stays under control,” PM shared on twitter.

More good news on the economic front. Our efforts to reduce inflation are now showing results. Consumer price index & core inflation are both now lower than when our government was formed. I have told my economic team to stay vigilant & ensure that inflation stays under control.

— Imran Khan (@ImranKhanPTI) January 31, 2021

Earlier today, Federal Minister for Planning and Development Asad Umar also claimed that inflation is on the decline, after government increased electricity, gas and fuel charges.

Taking to twitter, Asad Umar wrote that the rate of inflation is lower today as compared to when Pakistan Tehreek-e-Insaaf (PTI) government was formed.

“Inflation continues to decline. Jan inflation (CPI) is down to 5.7%. Core inflation is at 5.4%. Last month (jul 2018) prior to PTI govt formation, CPI was 5.8% & core was 7.6%. The rate of inflation is LOWER today then when the PTI govt was formed. #PMIKECONPOLICYSUCCESS,” he wrote on twitter.