ISLAMABAD, March 25 (Reuters) - Pakistan's inflation is likely to remain steady in March, in the 1% to 1.5% range, the country's finance ministry said in its monthly economic outlook, after ...
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 ...
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.
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.
Pakistan's central bank on Monday announced to keep the policy rate unchanged at 12 per cent while citing possibility of a temporary rise in inflation in the coming months. The State Bank of ...
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 ...
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 ...
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 ...
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 (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 ...