Which neighboring nation's annual inflation rate in May 2023 was 37. 97%?.
Pakistan.
2023 June
|
|
1.6667/5 |
According to the statistics bureau, Pakistan's annual inflation rate increased to 37.97% in May, compounding the country's already severe balance of payment crisis and sovereign default risk. The bureau reported that Pakistan's CPI was 36.5% in April, which is a national record for a second consecutive month.