Islamabad: Pakistan has attained the top slot among Asian countries pertaining to inflation indicator of economy where it is recorded at 15.7 percent.
Pakistani people are facing the worst situation among the seven South Asian countries, said a report.
According to the report findings, inflation rate in Pakistan has been recorded at 15.7 percent, India secures second position with 9.6 percent inflation rate, Bangladesh 8.1 percent, Sri Lanka 6.9 and China, the leading economy of the world as well as in the region has contained its inflation rate at 4.5 percent.
The rationale of inflation in Pakistan is whispered as intermittent raise in petroleum products’ prices, which serves as the reason of ultimate increase in all stuff prices including commodities.
It is also asserted in the report that all previous records of inflation in Pakistan are expected to be broken if government goes ahead with further increase in petroleum prices.
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