Pakistan News

Annual inflation in May reaches record level of 37.97pc

Pakistan’s annual inflation rose to 37.97 per cent year-on-year in May, the statistics bureau said on Thursday, showing a continued uptick in the highest ever inflation in the country.

The CPI stood at 36.4pc in April, which the bureau said at the time was the highest in their records.

The month-on-month rise in May was 1.58pc, the bureau said in a press release, adding vegetables, pulses and chicken prices posted the biggest increases.

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