Pakistan: Weekly Inflation Rises by 1.35 pc, Annual Rate Hits Alarming Level of 32.89 pc

Defense News ,Pakistan :-  Pakistan's prices are going up fast. In just one week, the cost of things people need has gone up by 1.35%. That's a big deal for the economy, especially because it happened right after a new government was formed.

Now, the yearly inflation rate is at a worrying 32.89%. That means everything is getting more expensive, and it's putting a lot of pressure on the country's money situation.

Data shows that prices for 18 important things have gone up, while prices for 14 things have gone down. And 23 things haven't changed in price at all.

Some of the things that got more expensive are tomatoes, bananas, eggs, and garlic. This happened right as the holy month started.

For example, tomatoes now cost 30 Pakistani Rupees more per kilogram. Bananas are 34 Rupees more for a dozen, and eggs cost 19 Rupees more for a dozen.

Not just food, but other things are getting more expensive too. The price for a domestic LPG cylinder is now 146.71 Rupees, making it harder for families to afford. Garlic is 22 Rupees more per kilogram, and mutton is 31 Rupees more per kilogram.

Basic food items like beef, chicken, cooking oil, and flour are also pricier. Beef is 14 Rupees more per kilogram, and chicken is 6 Rupees more per kilogram.

To help with this financial strain, Pakistan is talking to a big international lender about getting the last part of a loan program. It's a big loan, worth 1.1 billion US dollars. At the same time, they're also asking for a new deal that would give them more time to pay back the money.

Overall, Pakistan might ask for another loan worth 6 to 8 billion US dollars to help manage the high costs.