Pakistan Inflation Rate Rises Sharply to 13.98 Percent

Pakistan inflation rate rises sharply to 13.98 percent, increasing pressure on households across the country. In Islamabad, the Pakistan Bureau of Statistics released its weekly report. The report highlighted a notable jump in annual inflation compared to the previous week.

According to the report, the annual inflation rate stood at 12.16 percent last week. However, it climbed to 13.98 percent in the latest assessment. This rise shows a continuing trend of price instability in the economy.

Moreover, prices of 19 essential items increased during the past week. In contrast, 9 items became cheaper, while prices of 23 items remained stable. This mixed trend indicates uneven price movements in different sectors.

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Among key items, potato prices increased by 3.13 percent. Similarly, bread and cooking oil prices rose slightly. In addition, eggs, mutton, chicken, and ghee also became more expensive during the week.

On the other hand, tomato prices dropped by 27.65 percent, and onion prices fell by 9.35 percent. Furthermore, diesel, LPG, flour, and sugar also saw price reductions. Overall, weekly inflation decreased by 0.33 percent, yet Pakistan inflation rate rises sharply to 13.98 percent, keeping economic concerns high.