Tag: Pakistan inflation
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State Bank cuts policy rate by 200 bps to 17.5%
The State Bank of Pakistan (SBP) has reduced the interest rate by 200 basis points, bringing it down to 17.5 per cent.
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Analysts expect further 150 basis points cut in interest rate by SBP next week
Analysts predict that the State Bank of Pakistan (SBP) is likely to maintain its dovish stance, potentially implementing a third consecutive reduction in its key policy rate, supported by slowing inflation and improved macroeconomic indicators.
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Inflation eases to 9.6% in August, first single-digit rate since October 2021
Pakistan’s inflation rate dropped to 9.6 per cent in August 2024, a significant decrease from the 11.1 per cent recorded in July 2024, according to data from the Pakistan Bureau of Statistics (PBS).
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Pakistan’s yearly inflation rate falls to 11.1 per cent in July 2024
In July 2024, Pakistan’s Consumer Price Index (CPI)-based inflation decreased to 11.1 per cent year-on-year, down from 12.6 per cent in June 2024 and a substantial 28.3 per cent in July 2023, according to data from the Pakistan Bureau of Statistics (PBS). On a month-on-month basis, the CPI inflation rose by 2.1 per cent in…
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Pakistan’s inflation eases with further decline expected in coming months
Pakistan’s headline inflation is expected to range between 18.5 per cent and 19.5 per cent in April 2024, with further deceleration projected in the coming months.