Posted 1/27/2024, 2:18:23 AM
Inflation Stays Extremely High at 43.79% in Pakistan, Driven by Surging Food and Energy Costs
- Short-term inflation remained very high at 43.79% year-on-year as of January 25th
- Inflation has persisted at over 40% since mid-November, fueled by surging gas, electricity, and food prices
- The Sensitive Price Index (SPI) measures weekly inflation based on a basket of 51 essential items
- SPI decreased 0.14% week-on-week but increased 43.79% year-on-year as of January 25th
- Prices rose the most for gas, tomatoes, cigarettes, chili powder, wheat flour, sugar, footwear, garlic, eggs, and rice