Causes and Consequences of High Inflation Figure 11.2: Groupwise Rate of Inflation 2015-16 to 2021-22 – (%) A= Transport B= Food and Beverages C= Health D= Clothing& Footwear E= Education F= Housing& Utilities G= Furnishing H= Recreation Source: PBS Figure 11.3: Items with High Rate of Annual Inflation 2015-16 to 2021-22 – (%) Rate of Infla on (%) 20.6 20 19.4 15.0 15 13.5 13.6 12.9 10 5 0 A B C FOOD D E UTILITIES F TRANSPORT A= Vegetable Ghee B= Wheat C= Potatoes D= Electricity Charges E= Gas Charges F= Motor Fuel Source: PBS A comparison is made in Table 11.2 of the rate of inflation in Pakistan and in other South Asian countries, as given in the World Development Indicators data base of the World Bank. During the last decade, 2010 to 2020, the highest rate of inflation at almost 7 percent has been in Pakistan, followed by Nepal and India. 109