Tag: Pakistan inflation

Pakistan inflation peaks to 14-year high amid currency depreciation, rising commodity prices

Pakistan’s inflation rose to a 14-year high of 24.93 percent on a year-on-year basis in July, the country’s statistics bureau said on Monday, with experts attributing it to falling currency and rising commodity prices. In July, food prices increased by 10.28 percent, energy and housing by 4.98 percent and transport by 3.88 percent, according to the Pakistan Bureau of Statistics (PBS).