Jungibaaz
RETIRED MOD
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Honestly, don’t pay too much attention to these figures. Imran inherited a crisis on day one of his government, naturally low growth followed because of Covid. This government has also inherited an economy with less than 3 months of dollars left in the pipe, and just like Imran suffered Covid busting up growth, they’ll suffer sky high global inflation trends.According to this data inflation in 1998 was 6.23%. 2018 it was 5.08% and PTI time it increased to 10.58%.
Pakistan Inflation Rate 1960-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.www.macrotrends.net
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Politicians will use these sort of figures to discredit whoever is in power, it makes no difference who the PM is in most cases, macro trends are impossible to escape.