Inflation in Pakistan at highest level in 70 years:Report

Inflation in Pakistan at highest level in 70 years:Report

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Inflation has reached its highest levels in 70 years during the three-year tenure of the PTI government, with food prices doubling, while the prices of ghee, oil, sugar, flour and poultry have reached historic levels.

According to the Federal Bureau of Statistics (FBS), from October 2018 to October 2021, electricity rates increased by 57% from Rs4.06 per unit to at least Rs6.38 per unit.

By the first quarter of October, the price of an 11.67 kg cylinder of LPG had gone up by 51% from Rs1,536 to Rs2,322. Similarly, the price of petrol had gone up by 49% in three years from Rs93.80 per litre to Rs138.73 per litre.

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