Pakistan CPI inflation slows to 23.2% y/y in September

Pakistan inflation slows for first time in seven months

State Bank of Pakistan is scheduled to announce its policy rate decision on October 10

Pakistan CPI inflation slows to 23.2% y/y in September

KARACHI, Pakistan : Pakistan's inflation slowed in September, with the consumer price index (CPI) rising 23.2 per cent from a year earlier, the statistics bureau said on Saturday.Prices were down 1.2 per cent from the previous month, the bureau said in a press release. In August, CPI hit a multi-decade hi

Pakistan CPI inflation slows to 23.2% y/y in September

KARACHI, Pakistan - Pakistan's inflation slowed in September, with the consumer price index (CPI) rising 23.2% from a year earlier, the statistics bureau said on Saturday. Prices were down 1.2% from the previous month, the bureau said in a press release. In August, CPI hit a multi-decade high of 27.3% year-on-year. While the CPI figure remains higher than the annual projection, it is

Pakistan Inflation Slows for First Time in Seven Months

Pakistan: Inflation fell for the first time in 7 months

Inflation in Pakistan declined for the first time in seven months, giving the flood-ravaged country some relief and paving the way for the central bank to keep interest rates steady at its October meeting. Consumer prices rose 23.18% compared to the previous year, according to Bloomberg, compared to an average estimate of 26.1% and price gains of 27.25% last August. Inflation in food prices has accelerated