KARACHI: Pakistan’s weekly inflation slowed down to a new 27-month low at 16.69% as the pace of surge in food prices eased in the week ended August 21, 2024 compared to the same week of last year. Still, the reading is elevated in double digits, suggesting there is a big room for further reduction in … Read more
Short-term inflation in Pakistan eased by 0.10% to the 27-month low of 16.69% for the week ended on August 22, 2024, compared to the same week of the previous year. According to data released by the Pakistan Bureau of Statistics (PBS), a downturn in the weekly inflation was mainly driven by declining prices of tomatoes … Read more
KARACHI: The weekly inflation gauge, displayed by the Sensitive Price Indicator (SPI), decelerated to a 27-month low and settled at 16.86% in the week ended August 15, 2024 compared to the same week of last year. The inflation rate is the lowest since May 19, 2022. It, however, still remains elevated in double digits, signaling … Read more