ISLAMABAD: The Ministry of Planning, Development and Special Initiatives clarified on Saturday that the Pakistan Bureau of Statistics (PBS) followed a transparent process to compile data regarding inflation rate and that figure fudging of price data was not possible. The ministry observed that in Punjab, where both government-controlled and private flour was available, the wheat flour average price ranged from Rs800 to Rs942 per 20 kg. In KP, Sindh and Balochistan, the average wheat flour price ranged from Rs1000 to Rs1200 per 20 kg. “Price data collection, validation and publication are well synchronized with best global standard Classification of Individual Consumption by Purpose (COICOP). PBS compiles data without any political intervention or motivation and transparency is ensured regarding city-wise price data.

Source: Pakistan Today February 08, 2020 14:03 UTC