drops

Pakistan’s inflation drops to lowest level in 2 years

Pakistan's headline inflation hit a two-year low at 17.3% in April, according to the Pakistan Bureau of Statistics. The Finance Division projects a further decrease to 17.5-18.5% in May 2024. Urban and rural inflation declined compared to the previous year and month. The government aims to actively reduce inflation through administrative measures.

Pakistan’s monthly inflation drops to 20.68% in March 2024

Pakistan's monthly inflation fell to 20.68% in March 2024, a decline from February's 23.06%. The figure is the lowest since May 2022, signaling a potential reduction in the key interest rate. The finance ministry projects further easing in April 2024, despite factors such as petrol price revisions and increased consumer demand during Ramadan.