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Pakistan inflation reaches 31.6%, breaks 58-year record

Shortpedia

Content Team
Image Credit: zee5

Pakistan's monthly inflation rose to a historic high of 31.6% in February, the Pakistan Bureau of Statistics (PBS) said. This marks the highest inflation reading recorded in the country since July 1965, when data-keeping began. At the time, the figures stood at over 29%. Currently, Pakistan is facing its worst economic crisis with prices soaring at the fastest pace ever.