Economy
World / Countries / MNCs Pakistan: August inflation spikes to 27.26pc, highest in 49 years
Just Earth News | @justearthnews | 01 Sep 2022, 09:56 pm Print
Pakistan Inflation Wikipedia Commons
Data released by the Pakistan Bureau of Statistics (PBS) on Thursday showed the country's inflation measured by the Consumer Price Index (CPI) shot up to 27.26 per cent year-on-year (YoY) in August.
In August 2021, CPI inflation had clocked in at 8.4pc, reports Dawn News.
Last month, the YoY inflation was measured at 24.93pc, which was the highest figure in over 14 years.
PBS spokesperson Ateequr Rehman told Dawn News that August’s 27.26pc was the highest figure recorded since 1973-1974.
Inflation in urban and rural areas increased to 26.24pc and 28.70pc year-on-year, respectively, PBS data showed.
More Economy
- Record-breaking Apple: $143.8B revenue and 2.5 billion active devices
- Layoff storm at Amazon: 16,000 employees impacted worldwide
- Why gold just exploded past $5,000 — And what’s driving the rally
- AI shockwave ahead: IMF chief warns millions of jobs could vanish
- UN report shows global economy shows signs of growth, but experts believe recovery remains fragile
-1763561110.jpg "Image of the day: November 19, 2025")
