All previous records broken, rising to nearly 50-year high of 31.5%

The consumer price index (CPI), which measures inflation in Pakistan, shattered all previous records and soared to 31.5% in February as a result of sharp increases in the costs of transportation, housing, and food. The Pakistan Bureau of Statistics (PBS) released a new inflation data on Wednesday, which has increased the likelihood that interest rates … Continue reading All previous records broken, rising to nearly 50-year high of 31.5%