Karachi cheapest among Pakistan’s top five big cities


KARACHI Sept 27 (TNS): Karachi is the cheapest among the country’s top five big cities, according to a report published by State Bank of Pakistan (SBP). Lahore emerged as the most expensive city in terms of cost of living.

According to the report, Karachi’s year-on-year consumer price index inflation (CPI) was in August recorded at 1.7 percent as compared to previous year’s 3.3 percent. The CPI remained at 5.1 percent in Lahore, stated the report.

“Among the five cities, the lowest inflation was observed in Karachi at 1.7 percent, while the highest inflation was observed in Lahore at 5.1 percent,” the SBP said.