According to the World of Statistics’ most recent list of countries based on inflation rates, Venezuela is rated first in the world.
According to World of Statistics statistics, the inflation rate in Pakistan is 38 percent.
Pakistan’s annual inflation rate rose to 37.97 percent in May, establishing a national record for the second month in a row, according to the Pakistan Bureau of Statistics.
Pakistan’s economic crisis has worsened as vital bailout discussions with the International Monetary Fund (IMF) have stalled and the possibility of debt default looms large.
Potato prices grew by 108 percent, flour by 99 percent, wheat by 94.8 percent, eggs by 90.2 percent, rice by 85 percent, and lentils by 58.2 percent in the previous year, according to the Pakistan Bureau of Statistics.
Furthermore, fruit prices have risen by 53 percent, sugar by 41 percent, textbooks by 114 percent, stationery by 79.3 percent, motor fuel by 69.9 percent, gas by 62.8 percent, electricity by 59.2 percent, auto parts by 45 percent, household items by 41 percent, and building materials and cars by 38 percent in the last year.
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