The average inflation rate was 8.2% per year for the duration of 1960 to 2021. 11,207.52% was the increase in price but at the beginning of 2022, 11,307.52 was the rate. Furthermore, the yearly inflation rate in Pakistan increased to 27.3% in August of 2022. Besides this, in October of 2022, it increased to 26.6% from the previous month. And the core upward pressures came from housing and utilities. 

(11.92% vs 3.4% in September), food & non-alcoholic beverages (36.2% vs 31.7%), restaurants & hotels (30.4% vs 28.8%), alcoholic beverages & tobacco (34.63 vs 32.7%).

 

By: Irfan Ilahi

Turabt Kech