A report on consumer price index released by the National Statistics Bureau recorded the country’s inflation rate of 9.5 percent in the first quarter of 2012. This means, on an average the price of commodity in the economy has increased by 9.5 percent.
According to National Statistics Bureau, this was due to import of essential commodities during the last three months. The price of food items increased by 11.4 percent while non-food items increased by 8.39 percent between January to March this year.
