Inflation soars past Sri Lanka’s amid rupee’s drop against dollar

Pakistan’s inflation rate has outpaced Sri Lanka’s, becoming the fastest in Asia, as the rupee’s 20% drop against the dollar this year and rising food and energy costs drive up consumer prices. According to a report published in Bloomberg on Tuesday, consumer prices surged 36.4% in April compared to the previous year, the highest increase […]

from Daily Times https://ift.tt/OPbMlyo