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Inflation in Pakistan stands at 21.3%, highest in 13 years

Inflation in Pakistan stands at 21.3%, highest in 13 years

ISLAMABAD: Inflation in Pakistan rose to 21.3% in June, the highest since December 2008 when inflation stood at 23.3%.
In May, it was 13.7%, as measured by the country’s Consumer Price Index. According to the Pakistan Bureau of Statistics, inflation has increased by 19.8% in urban areas and 23.5% in rural areas.
Pakistan’s Shehbaz Sharif-led government has increased prices of all petroleum products by about Rs 14-19 per litre with immediate effect from Friday to fulfil commitments to the IMF…


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