Inflation & Prices
Vegetable Costs Up 500% Threaten to Fuel Pakistan Inflation
- Price gains already at 47-year high may hit 30% after floods
- Finance minister, however, says price gains close to peaking
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Skyrocketing prices of tomatoes, potatoes and onions are putting food out of reach in flood-ravaged Pakistan and raising the specter of inflation hitting 30%, which may spur more monetary tightening.