The yearly inflation in Pakistan hit a new high of 38.42 per cent in the outgoing week. The trend of the hike in the prices of essential commodities continued to rise. <br />''<br />''The week-on-week inflation also jumped to 2.89 per cent from 0.17 per cent a week ago. Of the 51 items tracked, the prices of 34 items increased. The prices of onions, chicken, cooking oil and fuels rose significantly. <br />''<br />''The price of petrol has been moved up to 272 rupees per litre after an increase of  22.20 rupees. The price of high-speed diesel has been increased to 280 rupees per litre after a hike of 17.20 rupees. Kerosene oil will now be available at 202.73 rupees per litre following a 12.90 rupees hike. Meanwhile, light diesel oil will be available at 196.68 rupees per litre after an increase of  9.68 rupees.<br />