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Pakistan saw a record high inflation of 37.97 per cent year on year in May, the Pakistan Bureau of Statistics (PBS) has said.
Inflation in May increased by 1.58 per cent month on month with the food price hike remaining as the major driver behind the rise, the agency said in a statement on Thursday.
An increase in the prices of vegetables, pulses, and chicken mainly caused the increase, the PBS added.
The food inflation in urban areas increased by 48.1 per cent in May from a year earlier, reports Xinhua.
In the meantime, in rural areas, food inflation increased by 52.4 per cent in May year on year.
The overall inflation in rural areas rose by 42.2 per cent whereas in urban areas a 35.1 per cent increase in inflation was recorded, the statement added.