Annual inflation rises to 29.2pc in November

Annual inflation clocked in at 29.2 per cent in November, data from the Pakistan Bureau of Statistics (PBS) showed on Friday, a slight increase from October but well below a peak of 38pc in May.

Compared with the previous month, inflation was 2.7pc.

The country is embarking on a tricky path to economic recovery under the caretaker government after a $3 billion loan programme approved by the International Monetary Fund (IMF) in July averted a sovereign debt default.

Measures...