Pakistani inflation at 31.4%: cylinder costs PKR 3,079, 3-inch sandwiches on menu

The IMF bailout's mandated reforms have already fueled annual inflation, which reached a record 38.0% in May. Interest rates have also increased to their highest level ever (22%), and the rupee touched record lows in August before rebounding in September.

In its monthly report, Pakistan's ministry of finance stated that it expected inflation to continue high in the upcoming month, at roughly 29-31%. But it was anticipated that inflation would start to decline, notably in the second half of the current fiscal year, which begins on January 1.

This occurs as Pakistan lowers the cost of gasoline and diesel following two increases in a row that reached a record high. Liquid petroleum gas (LPG) prices in Pakistan were raised by PKR 20.86 per kg by the Oil and Gas Regulatory Authority (OGRA), after which the price of LGP was set at PKR 260.98 per kg. The domestic cylinder price was also increased by PKR 246.15, bringing the new cost to PKR 3,079.64.

According to a Subway spokeswoman who talked with Bloomberg News, the mini sandwich can be found on Pakistani menus and social media posts and offers "value" to Pakistani customers. The six-inch and 12-inch sandwiches are the chain's two primary menu items.