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Pakistan inflation jumps to 7 percent in October: statistics bureau

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Reuters ISLAMABAD

ISLAMABAD (Reuters) - Pakistan's annual inflation rate jumped to 7 percent in October from 5.12 percent a month earlier, the Bureau of Statistics said on Friday.

The above-expectations jump in inflation comes after Pakistan's central bank devalued the currency five times since December, weakening it by 26 percent against the dollar during that period.

(Reporting by Saad Sayeed: Writing by Drazen Jorgic; Editing by Simon Cameron-Moore)

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First Published: Nov 02 2018 | 12:41 PM IST

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