{"id":495590,"date":"2022-06-02T09:29:53","date_gmt":"2022-06-02T03:59:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=495590"},"modified":"2022-06-02T10:20:57","modified_gmt":"2022-06-02T04:50:57","slug":"pakistan-inflation-climbs-to-13-8-in-may-on-rising-food-and-fuel-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pakistan-inflation-climbs-to-13-8-in-may-on-rising-food-and-fuel-prices\/","title":{"rendered":"Pakistan inflation climbs to 13.8% in May on rising food and fuel prices"},"content":{"rendered":"<p>Pakistan\u2019s headline inflation quickened to the highest level in more than two years in May on rising food and fuel prices amid a weakening currency.<\/p>\n<p>Consumer prices rose 13.8% this month from a year earlier, according to data released by the government Wednesday. That\u2019s slower than the median estimate for a 14.4% gain in a Bloomberg survey of economists and compares with a 13.4% acceleration in April.<\/p>\n<p>High global commodity prices and rising imports continue to fuel Asia\u2019s second fastest inflation. The nation\u2019s central bank has already raised interest rates by 675 basis points to check rising prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan\u2019s headline inflation quickened to the highest level in more than two years in May on rising food and fuel prices amid a weakening currency. Consumer prices rose 13.8% this month from a year earlier, according to data released by the government Wednesday. That\u2019s slower than the median estimate for a 14.4% gain in a Bloomberg survey of economists and compares with a 13.4% acceleration in April. High global commodity prices and rising imports continue to fuel Asia\u2019s second fastest inflation. The nation\u2019s central bank has already raised interest rates by 675 basis points to check rising prices.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-495590","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/495590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=495590"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/495590\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=495590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=495590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=495590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}