The Governor of SBP, Jameel Ahmed, is addressed to the media on January 27, 2025. – Screengrab via Geo News The central bank has reduced interest rates since June 2024. Inflation should go further in January before going up. Pakistan economy increased by 0.92% in the first quarter of the fiscal year. The Pakistan State … Read more
A customer talks with a merchant selling grocery products on a Karachi market in Pakistan, June 8, 2023. – Reuters The drop in inflation marks a significant drop compared to the 1.16 % of the previous week. The IPC, which amounted to 4.1 % in December, could fall below 3 % in January 2025. Analysts … Read more
Women check the rice prices on a main wholesale market in Karachi. – AFP/File JS Global provides that inflation will decrease to 2.8 %. Cites a high basic effect as a determining factor of the decline. It also provides a reduction in 100 base points at the political meeting. Karachi: In the midst of the … Read more
Men sell vegetables at their makeshift stalls at Empress Market in Karachi, April 2, 2018. — Reuters PBS releases data for the week ending January 16. Tomatoes lead weekly price declines. The annual SPI data highlights a complex inflationary situation. KARACHI: Inflationary pressures in Pakistan further moderated as the Sensitive Price Indicator (SPI) recorded a … Read more