Pakistan’s Consumer Price Index (CPI) based inflation increased to 36.4 percent on a year-on-year basis in April 2023 compared to an increase of 35.4 percent in the previous month and 13.4 percent in April 2022, says Pakistan Bureau of Statistics (PBS).
According to Arif Habib Limited, this is the highest ever inflation since the available data i.e. July 1965, beating the previous all-time high of 35.4 recorded in March 2023. At 36.4 percent, annual inflation in Pakistan is now higher than the key inflation rate of Sri Lanka which eased to 35.3 percent in April.
Source: Pro Pakistani