Percentage Change in Food Prices

Recently, international food prices have increased. The government of Pakistan has acknowledged the increase as domestic prices of essential food prices has gone up over the record last three years. The government claims that it has limited the effect of global inflation on the domestic food market as it can push more people into poverty and malnutrition.

According to a statement issued by the Finance Division of Pakistan, it is yet to be confirmed if the international food prices have witnessed the highest levels in a decade. A data chart released by the finance division shows that the government has placed considerable effort into preventing international inflation from affecting the domestic prices of goods.