Pakistan has reached an all-time high inflation rate of 48.35%.

According to the latest report on the Sensitive Price Indicator (SPI), inflation in Pakistan has hit an all-time high of 48.35% for the week ending May 4, 2023. The increase of 1.05% is attributed to the rise in the costs of both food and non-food items.

The year-on-year trend highlights an increase in the cost of certain items, including petrol (87.81%), rice Irri-6/9 (84.43%), and pulse moong (68.44%). Diesel (99.39%), eggs (95.45%), rice basmati broken (89.31%), bananas (87.86%), wheat flour (177.61%), cigarettes (146.44%), tea Lipton (104.28%), and gents sponge chappal (100.33%) are among the items that have seen significant increases in price.

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