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Inflation down from 7.75% in 2013 to 3.77% in 2018: PM Abbasi

byCT Report
28/05/2018
in Business
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ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Monday said that inflation had come down from 7.75 percent in 2013 to 3.77 percent in 2018.

While addressing a press conference in the federal capital earlier today, Abbasi said that the incumbent government had brought a significant reduction in the inflation rate.

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“Industrial development increased five percent in 2018 as compared to 2013,” noted the premier, adding that exports had fallen to 20 percent.

He said cotton production had declined in comparison to past output and the growth rate in the agriculture sector stands at 3.8 percent.

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