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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 estimate for a 29.05% gain in a Bloomberg survey and a reading of 29.23% in November.
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