Inflation In Pakistan:

Inflation is basically an increase in common level of prices of goods and services overtime. Inflation is also sometimes used to refer to a rise in the prices of some specific set of goods or services, as in supplies inflation or center inflation. Inflation is measured by calculating the percentage rates change of a price index, which is called the inflation rate.
There are many measures of Inflation, because there are many different price indices relating to different, sectors of the economy. Two commonly known indices for which inflation rates are Indices reported in many countries are the consumer Price Index, which measures prices that affect typical consumers and the GDP deflator, which measures prices of locally Produced goods and services.