The country’s inflation rate has dropped to the lowest point of last six and half years due to efforts under Special Investment Facilitation Council (SIFC).

According to official report today, in the first five months of current financial year, the average inflation receded from 28.62 percent to 7.88 percent reaching its lowest point of 4.9 percent last month.

On an annual basis, the inflation rate in urban areas has declined to 5.2 percent. A sustained decrease in inflation will help ease pressure on consumers with lower food and transport costs.