Inflation in Pakistan has been a significant and persistent economic challenge, particularly in recent years. In May 2023, the Consumer Price Index (CPI) inflation rate hit a record high of 38%.
Inflation in the South Asian country has been declining for several months after it soared to around 40% in May 2023. An increase in exports and remittances is also lifting Pakistan's external ...
The State Bank of Pakistan (SBP) said in a statement that the monetary policy committee had noted that despite a better than expected drop in the inflation rate last month, risks remained.
State Bank of Pakistan left the target rate at 12% Pakistan’s inflation rate has dropped to single digits in the last few months after hitting an all-time high of 38 per cent in May 2023.
What determines the rate of gold ... consider gold as an inflation hedge, and the precious metal also garners support in case of economic uncertainty in a country like Pakistan.
The State Bank of Pakistan (SBP) said in a statement that the monetary policy committee had noted that despite a better than expected drop in the inflation rate last month, risks remained.
KARACHI :With inflation cooling ... "Once that happens, I expect them to resume rate cuts, though at a slower pace." Ehsan Malik, CEO of Pakistan Business Council (PBC), warned that cutting ...
especially after a sharp decline in the country’s inflation rate. Pakistan’s annual inflation, which soared to a record high of 38% in May 2023, dropped to a near-decade low of 1.5% this ...
KARACHI (Reuters) -Most analysts predict a seventh consecutive rate cut ... urban core inflation, indicative of price pressures, remained high, at 7.8%. "The S&P Global HBL Pakistan Manufacturing ...
Pakistan’s central bank unexpectedly halted its easing cycle on Monday, keeping its key policy rate at 12%, saying there could still be price risks including from an escalation in global tariffs even ...
Iqbal Hussain was among many hoping for significant relief in commodity prices this Ramazan, especially after a sharp decline in the country’s inflation rate ... Even Pakistan’s small Sikh ...
Bank holds rates at 12% after six cuts in a row Most analysts had expected a further cut Bank flags risks of volatile inflation despite recent fall KARACHI, March l0 (Reuters) - Pakistan's central ...
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