No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
No Result
View All Result
No Result
View All Result

Highest inflation in two years recorded in May at 13.76pc

News Desk by News Desk
June 1, 2022
in Business, Featured, Latest News, National, Politics, Top News
Reading Time: 1 min read
Highest inflation in two years recorded in May at 13.76pc
Share on FacebookShare on Twitter

KARACHI: According to the data shared by the Pakistan Bureau of Statistics (PBS), the metric used to measure inflation showed that it has risen to the highest point since May 2020, recorded at 13.76 per cent.

The high inflation is attributed to the rising transportations costs and food prices. The inflation has risen to 13.76pc from 13.37pc in April. The PBS data showed that the inflation grew by 12.36pc in cities and 15.88pc in rural areas including villages and small towns.

The highest inflation was recorded in the transport sector with an increase of 31.7pc. In the food sector, the inflation was increased by 17.25pc.

Pakistan has been under tremendous economic pressure as the country battles hard to ward off the the threat of bankruptcy.

News Desk

News Desk

Related Posts

Imran Riaz Khan arrested in Islamabad
Featured

Imran Riaz Khan arrested in Islamabad

July 5, 2022
Pakistani movies ready to entertain people on Eid-ul-Azha
Entertainment

Pakistani movies ready to entertain people on Eid-ul-Azha

July 5, 2022
Suicide attack in Karachi University kills four, three injured
Featured

Brains behind the Chinese institute bombing in KU arrested: police

July 5, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

TOP NEWS

Imran Riaz Khan arrested in Islamabad

Imran Riaz Khan arrested in Islamabad

by News Desk
July 5, 2022

Pro-Pakistan Tehreek-i-Insaf journalist and renowned TV personality Imran Riaz Khan was arrested in Islamabad on Tuesday, revealed his counsel. According...

Pakistani movies ready to entertain people on Eid-ul-Azha

Pakistani movies ready to entertain people on Eid-ul-Azha

by Zain Aijaz
July 5, 2022

This Eid-ul-Azha, the Pakistan film industry is all prepared to entertain the local audience with entertaining movies. Movie-lovers will get...

Suicide attack in Karachi University kills four, three injured

Brains behind the Chinese institute bombing in KU arrested: police

by News Desk
July 5, 2022

The police officials claim to have arrested the mastermind of the suicide attack at Confucious Institute at the Karachi University....

Sindh education department to introduce transgender education policy

Sindh becomes first province of Pakistan to reserve job quota for transgenders

by Zain Aijaz
July 5, 2022

KARACHI: On Monday, Sindh Assembly passed the law to reserve 0.5 per cent of jobs for the transgender community. The...

The Upcut is a news platform that brings you the latest news, developments from all walks of life, from all over the world. We cover Business, news from Pakistan and rest of the world, Sports, and Entertainment. You can also read Tech Reviews and How-To Guides for simple solutions and dailylife hacks.

BUSINESS   |   NATIONAL   |   WORLD   |   SPORTS   |   ENTERTAINMENT   |   TECH   |   HOW-TO GUIDES

  • Home
  • About Us
  • Privacy Policy
  • Editorial Guidelines
  • Contact Us
  • Stories

Copyright © 2022 The Upcut. All rights reserved.

No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories

Copyright © 2022 The Upcut. All rights reserved.