The second, more benign conjecture is that the factorless income share is actually remunerating – rising, but unmeasured – investment flows, which may include intangible assets and organisational capital.
In Pakistan, supply factors influence 55% of CPI which accounts for three commodity groups (i.e. food and beverages, fuel and lightening and transport and communication) and food alone accounts for 40.3% of CPI and wheat (and wheat flour) has a weightage of 5.7%. Is inflation a fiscal phenomenon.