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Driven by Soaring Gas Costs: Weekly Inflation Surpasses 40%
The latest data from the Pakistan Bureau of Statistics (PBS) indicates that weekly inflation, measured by the Sensitive Price Index (SPI), has extended its streak above 40% for the sixth consecutive week. As of the week ending December 21, 2023, the year-on-year inflation rate reached a staggering 42.60%. The persistent inflation trend is primarily attributed…