CPI inflation to remain above 20 percent

KARACHI (April 05, 2009): The State Bank of Pakistan has predicted that headline CPI inflation would be above 20 percent in FY 2009. "Although headline CPI inflation showed some signs of respite after reaching its three decades high level of 25.3 percent in August 2008, it has remained on the higher side," said the SBP second quarterly report on economy.