Relentless inflation hits new high of 46%.
ISLAMABAD -- The rates of essential items continued to rise across the country, as the spiralling inflation rate hit a new peak of 45.64% on a yearly basis, otherwise known as the Sensitive Price Indicator (SPI), and increased by 0.96% in the previous week.
According to the data issued on Friday by the Pakistan Bureau of Statistics (PBS), the prices of 28 essential items went up, 11 declined and 12 remained unchanged during the week that ended on March 16, 2023.
On a yearly basis, the prices of onions increased by 233.89%, cigarettes by 165.86%, gas...
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