NPMC blames rains, COVID-19 for higher inflation rate.
ISLAMABAD -- National Price Monitoring Committee (NPMC) on Monday has blamed the recent rains and COVID-19 for the higher inflation rate in the country beside other issues.
Finance Adviser, Dr Abdul Hafeez Shaikh chaired a meeting of National Price Monitoring Committee (NPMC) to review the prices of essential perishable commodities, which was held at Finance Division. Inflation rate has increased in the country due to the surge in prices of food commodities. Pakistan's headline national inflation has accelerated faster than expected to 9.04 percent in September 2020 mainly due to higher food prices in the country. Price of wheat flour and sugar is increasing rapidly...
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