![Pakistan Inflation Quickens Despite Tight Monetary Policy Stance](https://arizonainvestor.news/wp-content/uploads/2024/01/1200x800-600x400.jpg)
Pakistan Inflation Quickens Despite Tight Monetary Policy Stance
By Pakistan’s inflation accelerated for the second straight month in December despite record borrowing costs, as International Monetary Fund-backed hikes in energy costs and a weak currency stoked price gains. Consumer prices rose 29.66% from a year ago, according to data released by the Pakistan Bureau of Statistics on Monday. That compares with a median…