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Pakistan’s consumer prices rose 37.97% in May from a year earlier.
Kamran Haider
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Pakistan’s inflation has hit another record high, making it Asia’s fastest for a second month, just days before the national budget is due to be unveiled by a government facing unprecedented economic challenges.
Consumer prices rose 37.97% in May from a year earlier, according to data released by the Pakistan Bureau of Statistics Thursday. That compares with a median estimate for a 37.6% gain in a Bloomberg survey and a 36.4% increase in April. 

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