Inflation rises to 28.3% YoY for January 

Pakistan’s inflation rate remained high as the Consumer Price Index (CPI) increased by 28.3% year-on-year (YoY) and 1.8% month-on-month (MoM) in January 2024, according to the latest data released by the Pakistan Bureau of Statistics (PBS).

The CPI inflation rate was slightly lower than the 29.7% YoY and 0.8% MoM recorded in December 2023, but still higher than the 27.6% YoY and 2.9% MoM…