According to the Pakistan Bureau of Statistics, inflation in Pakistan remained high, reaching 34.05% annually.
On a weekly basis, inflation slightly increased by 0.33%.
In their weekly inflation report, PBS disclosed that the prices of 20 essential items rose during the past week, while 12 experienced a decline. The prices of 19 items remained unchanged.
The report highlights significant increases in the prices of certain items within a week. Flour prices surged by 4.95%, followed by potatoes at 2.60% and sugar at 2.49%.
Conversely, there were decreases in the prices of specific commodities. Bananas became more affordable, decreasing by 5.56%, while liquefied petroleum gas (LPG) dropped by 4.30%. Onions experienced a decline of 4.03%, and tomatoes saw a decrease of 1.63% within the same week.
The persistent inflation surge concerns Pakistanis, who are already facing economic challenges and struggling with decreased purchasing power.
