The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, January 1, 2025. — PPI The capital market continued its bullish momentum during the second trading session of the New Year, crossing the 118,000 point mark for the first time in history. This recovery was driven by falling inflation, strengthening macroeconomic … Read more
A trader using a calculator in this undated photo. — Reuters/File CPI inflation fell from 29.7% in December 2023. In urban areas, CPI inflation declined to 4.4% year-on-year. Rural areas also saw a reduction in year-on-year inflation to 3.6% in December. KARACHI: The inflation trajectory showed signs of easing in December 2024, although persistent underlying … Read more
People buy pulses and cereals at a wholesale market in Karachi on February 1, 2023. — AFP KARACHI: Short-term inflation in Pakistan, as measured by the Sensitive Price Indicator (SPI), jumped by 0.8% for the week ending December 26, 2024, according to data from the Pakistan Bureau of Statistics (PBS) released today (Friday). Year-on-year inflation … Read more
Jameel Ahmad, Governor of the State Bank of Pakistan. — X/@StateBank_Pak Ahmed says risk factors have persisted despite the decline in headline inflation. The addition of a future rise in inflation would not be a cause for concern. “It will take 4 to 6 quarters to see the full impact of the key rate changes.” … Read more