Inflation hikes.

Byline: ZEESHAN ALI ARAIN-Sukkur

Inflation is a persistent problem in Pakistan, and it has been a challenge for the country's economy for many years. In recent times, Pakistan has experienced significant inflation hikes, primarily due to a combination of factors such as:

Currency devaluation: The devaluation of the Pakistani rupee against the US dollar has contributed to the rise in inflation. When the currency depreciates, it leads to an increase in the prices of imported goods and services, as well as a rise in the cost of production for local industries that rely on imported raw materials.

Energy prices: Pakistan has a significant energy deficit, and the country relies heavily on imported fuel to meet its energy needs. The increase in international oil prices has...