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Inflation in Pakistan Hits Highest in Fifty Years

The inflation in Pakistan based on Consumer Price Index (CPI) has reached 31.5% this February on a year-to-year basis compared to12.2% in February last year. The prices of commodities, housing, and transportation skyrocketed in February due to which inflation got out of control and reached 31.5%. Data released by the Pakistan Bureau of Statistics (PBS) […]

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Inflation Likely to Reach 27%; Will Cross 30% After IMF Program

Pakistan is going through the worst economic crisis. It is speculated that inflation is likely to reach 27% in January. This is in comparison to the central bank’s anticipated average of 21-23% for the current financial year It is also anticipated that the government will further increase the prices of power and gas after which […]