Islamabad: Islamabad has emerged as Pakistan`s most expensive city while Karachi is the cheapest, according to an official report.
The report of Inflation Monitor-December 2013, recently issued by the State Bank, Islamabad was on top of the list where the main inflation CPI (Consumer Price Index) was highest in December 2013.
Almost all major cities of Pakistan were included in the list of high inflation except Karachi. Karachi was included in the list of low inflation areas.
At the end of December (year-on-year basis), the main inflation for Islamabad was 15.5 per cent, food inflation 11.4 per cent and non-food was 18.7 per cent which was the highest compared all parts of the country. The main inflation for the country in December was 9.2 per cent, Dawn daily reported.
Being strongest political power after Islamabad, Larkana of Sindh province embraced second highest inflation of 13.9 per cent mainly led by food inflation of 14.3 per cent.
Provincial capitals like Peshawar and Quetta were also listed among the cities with high inflation of 13.2 per cent and 10.4 per cent and food inflation, 13.5 per cent and 12. 6 per cent, respectively.
Lahore has been listed among the low inflation cities as the CPI was 8 per cent led by food inflation of 9.5 per cent.
