Pakistan’s yearly inflation surges to 13.8% in May

By MG News | June 01, 2022 at 11:08 AM GMT+05:00

0:00

June 01, 2022 (MLN): Pakistan's yearly inflation rate (New Base 2015-16) in May 2022 surged to 13.8 percent compared to 13.4 percent in April 2022 and 10.9 percent in May 2021, according to the latest data released by Pakistan Bureau of Statistics (PBS) today.

The July-May average inflation is 11.29 percent compared to 8.83 percent from the corresponding period last year.

On a month-on-month basis, it increased by 0.4 percent in May 2022 as compared to a jump of 1.6 percent in the previous month and a marginal increase of 0.1 percent in May 2021.

To note, May's reading came below the market expectations which were between 13.5 percent and 16.5 percent with an average estimate of 14.43 percent.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	132,680.48 96.72M	-0.54% -722.71
ALLSHR	83,005.59 537.72M	-0.22% -182.46
KSE30	40,376.99 34.83M	-0.68% -274.47
KMI30	190,964.67 39.23M	-0.58% -1119.25
KMIALLSHR	55,719.70 275.14M	-0.23% -127.99
BKTi	36,199.20 6.12M	-0.61% -223.68
OGTi	28,256.80 7.21M	-0.64% -180.81

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,240.00	109,545.00 108,625.00	25.00 0.02%
BRENT CRUDE	70.08	70.10 69.85	-0.07 -0.10%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.05 2.15%
ROTTERDAM COAL MONTHLY	106.65	106.65 106.25	0.50 0.47%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.26	68.29 67.78	-0.07 -0.10%
SUGAR #11 WORLD	16.15	16.37 16.10	-0.13 -0.80%