Thursday, July 18, 2024
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Pakistan Inflation Will Keep Rising, Bloomberg

Bloomberg predicts rising inflation in Pakistan, leading to potential.

The assessment of Pakistan low inflation rate was incorrect, according to the American magazine Bloomberg, which voiced worry about a future hike in interest rates. This implies that inflation will keep rising.

Experts predict that the IMF agreement will inevitably result in higher gas and electricity rates, which will raise inflation. In Pakistan, the cost of food is rising at a pace of roughly 40% annually.

According to Bloomberg, eliminating import limits will improve the supply of food.

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