Tag: Rising Prices

  • Inflation in Pakistan: A Looming Threat

    Inflation in Pakistan: A Looming Threat

    Inflation in Pakistan has surged at an alarming pace, reaching 36.4 percent by April 2023, marking a staggering increase of 13.2 percent points within seven months. According to a Reuters report, Pakistan’s consumer price index (CPI) for December soared by 29.7% compared to the previous year, as per data from the Pakistan Bureau of Statistics.…