According to Pakistan media reports, the price of consumables has climbed by 20 to 31%, and Pakistan’s poverty rate has increased by 35.7%.The cost of basic necessities is once more burning a large hole in the Pakistani average person’s pocket. Inflation skyrocketed in 2022, even before the country had a chance to recover from the crisis caused by enormous floods.According to the State Bank of Pakistan, inflation in Pakistan doubled from 12.3% in December 2021 to 24.5 in December 2022.
VOA News