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What Pakistan’s Weekly SPI Inflation Actually Measures

Every Friday the Pakistan Bureau of Statistics publishes a number, and every Friday it is reported as though it were inflation. It is not. It is the Sensitive Price Indicator, and it measures something narrower and more…

UK Inflation Hits Four-Month High as Energy Bills Jump
UK Inflation Hits Four-Month High as Energy Bills Jump

UK inflation has risen to its highest level in four months, with higher energy bills pushing the cost of living back into sharper focus for households, businesses and policymakers. The BBC reported that prices are now…