Pakistan inflation slows to three-year low
Pakistan’s headline inflation hit 11.1% year-on-year in July 2024, the lowest since November 2021, according to the Pakistan Bureau of Statistics (PBS). Moreover, month-on-month Consumer Price Index inflation rose by 2.1% in July 2024, compared to a 0.5% rise last month. However, urban CPI inflation stood at 13.2% year-on-year in
UN anticipates 2 pc GDP growth, 26 pc inflation for Pakistan in current FY
The UN report suggests a slight uptick in GDP growth to 2.3 % in coming FY, while projecting inflation to decrease to around 12.2 %.