Pakistan Inflation
Pakistan's 44 pct population disturbed by rising inflation rate
Islamabad: The rising inflation rate has left 44 percent of people in Pakistan disappointed, a survey showed.
As against 32 percent respondents who were disappointed in March 2021, the figure rose to 44 percent in the current survey. Similarly, the number of respondents considering the country to be heading in the wrong direction has also risen from 73 percent to 80 percent, reports The News International.
These were the findings of a Consumer Confidence Survey conducted by IPSOS Pakistan from Feb 24 to March 1, 2022, involving 1,048 people over 18 years.
The pollster has found 44 percent respondents disturbed at skyrocketing inflation, which has risen from 32 percent in March 2021.
At the same time, 73 percent of respondents who found the country’s direction to be wrong in a previous survey have now risen to 80 percent, constituting four of every five Pakistanis. As many as 20 percent respondents found the direction to be right, the newspaper reported.
The increasing despondency at the economic woes rose from last year with a 14 percent increase to 41 percent. To a question regarding the future economic performance, 49 percent remained hopeless and feared it would remain weak.
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