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Due to the increase in energy and food prices, Pakistan also surpassed the financial crisis-hit Sri Lanka in inflation.
According to the report of the American magazine Bloomberg, the inflation rate in Pakistan exceeded 36 percent in April, which is the highest since 1964.
According to Bloomberg’s report, the inflation rate in Sri Lanka was 35% in April, which is lower than in Pakistan.
In the report of the American Journal, it was said that Sri Lanka seems to be overcoming the economic crisis, while the Pakistani currency suffered the worst decline this year, which fell by 20 percent against the dollar and was considered the weakest currency in the world.
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On the other hand, according to the Bureau of Statistics, the inflation rate in Pakistan increased by 2.4 percent in the month of April.
The Bureau of Statistics released the monthly inflation data, according to which the monthly inflation reached 36.42 percent in April.
According to the Institute of Statistics, the inflation rate of food and drink was recorded at 52.2% in April, the rate of inflation in rural areas was at a record level of 40.7% in April.
