Annual inflation rate in Pakistan reaches 33%, highest ever level of history

Annual inflation rate in Pakistan reaches 33%, highest ever level of history

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*The annual inflation rate, after a weekly increase of 0.01% has reached 33.12%, Pakistan Bureau of Statistics (PBS) data shows, ARY News reported. *

According to the data shared by the PBS, the weekly inflation rate was 0.01% in the last week, taking the annual inflation rate to 33.12%. Prices of 29 essential items increased, fives items decreased while 17 items remained unchanged.

The price for potatoes increased by 4.72%, chicken by 4.45% and rice by 1.17% while the price for bananas dropped by 2.82% and chickpea pulse by 0.67%.

The annual increase in diesel prices reached 141.46% and petrol by 119%. Onion prices have shot up by 89%, the PBS data shows.