Here’s why falling inflation rates don’t lead to a drop in prices
Economic terms like “disinflation” and “deflation” often confuse the public, and can oversimplify statistics to present an exaggerated success. Following the announcement of a 44-month low inflation rate in September, some in the government rejoiced, declaring victory over soaring prices. However, the reality is more nuanced. The monthly inflation rate
CPI inflation falls to 6.9 per cent in September
Pakistan’s Consumer Price Index (CPI) registered a 6.9 per cent year-on-year (YoY) increase in September, according to data released by the Pakistan Bureau of Statistics (PBS). This is within the State Bank of Pakistan’s (SBP) target range of 5-7 per cent, a goal the central bank aimed to achieve by
