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Tag: Headline inflation

Inflation Pakistan

Headline Inflation Projected at 7.3% YoY in September 2024

September 24, 2024September 24, 2024Shahnawaz Akhter

Karachi, September 24, 2024 – Pakistan’s headline inflation, based on the Consumer Price Index (CPI), is projected to decrease to 7.3% year-on-year (YoY) in September 2024, marking its lowest level since January 2021. This is a significant improvement compared to both August 2024, when inflation stood at 9.6% YoY, and September 2023, when the inflation […]

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Inflation Pakistan

Inflation for August 2024 Hits 34-Month Low in Pakistan

September 2, 2024September 2, 2024Shahnawaz Akhter

Islamabad, September 2, 2024 – The headline inflation rate in Pakistan, measured by the Consumer Price Index (CPI), recorded its lowest level in 34 months in August 2024, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday.

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Inflation Pakistan

Pakistan’s August Inflation May Drop to Single Digits: Analysts

August 29, 2024August 29, 2024Shahnawaz Akhter

Karachi, August 29, 2024 – Analysts at Insight Research have forecasted a notable decrease in headline inflation for August 2024, with projections suggesting that it may drop to single digits for the first time since October 2021.

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Inflation Pakistan

Pakistan Registers 11.1% Increase in July Headline Inflation

August 1, 2024August 1, 2024Shahnawaz Akhter

Islamabad, August 1, 2024 – Headline inflation in Pakistan rose by 11.1% in July 2024, according to the Pakistan Bureau of Statistics (PBS). This increase, based on the Consumer Price Index (CPI), highlights a significant economic challenge as the country navigates its fiscal and monetary policies.

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Inflation Pakistan

Pakistan’s Headline Inflation Contracts to 23.4% in FY24

July 1, 2024July 1, 2024Mrs. Anjum Shahnawaz

Pakistan’s average headline inflation, as measured by the Consumer Price Index (CPI), contracted to 23.4% in the fiscal year 2023-24, a significant reduction from the previous fiscal year’s 29.2%, according to the Pakistan Bureau of Statistics (PBS).

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Inflation Pakistan

CPI Inflation Contracts to 29-Month Low at 11.8% in May 2024

June 3, 2024June 3, 2024Mrs. Anjum Shahnawaz

PkRevenue.com – In a notable shift, the headline inflation based on the Consumer Price Index (CPI) has contracted to a 29-month low, reaching 11.8 percent in May 2024. This development, reported by the Pakistan Bureau of Statistics (PBS), signifies a substantial decrease from the 17.3 percent recorded in the previous month and an even more […]

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Inflation Pakistan

May Headline Inflation Expected to Contract Sharply to 12.9%

May 31, 2024May 31, 2024Faisal Shahnawaz

PkRevenue.com – Headline inflation in Pakistan is projected to continue its downward trajectory, with the Consumer Price Index (CPI) for May 2024 estimated at 12.9%, a significant drop from 17.3% in April 2024 and a dramatic decline from 38.0% in the same period last year, according to analysts at Insight Securities (Pvt) Ltd.

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Inflation Pakistan

Pakistan Inflation Expected to Ease to 15% in FY2025: ADB Report

April 11, 2024April 11, 2024Shahnawaz Akhter

Karachi, April 11, 2024 – Pakistan is anticipated to witness a significant contraction in inflation to 15 percent during the next fiscal year 2024-25, according to a report released by the Asian Development Bank (ADB) on Thursday.

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Inflation

March 2024 Inflation Hits 21-Month Low in Pakistan

April 1, 2024April 1, 2024Faisal Shahnawaz

Karachi, April 1, 2024 – Pakistan saw a significant decline in headline inflation based on the Consumer Price Index (CPI) in March 2024, marking a 21-month low as it stood at 23.68 percent year on year (YoY).

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Inflation Pakistan

Pakistan’s Headline Inflation Rises by 20.7% YoY in March 2024

April 1, 2024April 1, 2024Shahnawaz Akhter

Islamabad, April 1, 2024 – Official data released on Monday revealed that Pakistan’s headline inflation surged by 20.7 percent year on year (YoY) in March 2024, reflecting ongoing challenges in the country’s economic landscape.

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