Pakistan's consumer price inflation decelerated to 11.1% year-on-year in June, down from 11.7% in May, according to data from the Pakistan Bureau of Statistics.
The decline was primarily driven by softer prices in the energy and food baskets, marking a continued easing of cost pressures in the South Asian economy.
5% for the current fiscal year, signaling that policy measures to curb price growth are gaining traction.
The moderation in energy costs is a key development for market participants tracking the country's macroeconomic stabilization.
Lower input costs for energy-intensive sectors improve margin outlooks and reduce the pass-through risk to consumer goods.
This trend supports the government's recently projected revised inflation target of 7.5% for the current fiscal year, signaling that policy measures to curb price growth are gaining traction.
For traders, the data reinforces the narrative of disinflation in emerging markets with high energy import dependencies.
As global energy prices stabilize, countries like Pakistan benefit from reduced import bills, which helps anchor domestic inflation expectations.