Inflation skyrockets to two-year high level

Women vendors wait for customers alongside a street during a government-imposed nationwide lockdown as a preventive measure against the COVID-19 coronavirus in Karachi on May 4, 2020. (AFP)

February 2: The Express Tribune reported that the inflation rate steeply rose to 13% in January – the highest level in two years – due to a surge in prices of food, housing and transport, as the country also starts to embrace the worst impact of the inflationary mini-budget.

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