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Pakistan Jan CPI seen up 10 percent-poll | HALALTAMWEEL.COM

Pakistan Jan CPI seen up 10 percent-poll

1/31/2012 4:25:48 PM

KARACHI: Pakistan's inflationrate likely picked up to 10 percent in January from a year earlier as food and fuel prices continued to rise, a Reuters poll shows.

In December, consumer prices rose 9.75 percent from a year earlier.

"Fears of high inflation continue to remain in the medium term, while macro economic factors still remain vulnerable," said Nauman Satti, an analyst at Optimus Capital Management Ltd.