Pakistan’s headline consumer price inflation is projected to fall into single digits in July, marking a significant milestone in the country’s disinflation trajectory.
Market estimates point to a year-on-year rate just above 9%, driven largely by favorable base effects and continued moderation in key price baskets.
7% in May. The previous month’s drop was attributed to softer prices in both energy and food categories, trends that are expected to persist into July.
The anticipated decline follows a steady deceleration in recent months.
In June, the Pakistan Bureau of Statistics reported that headline inflation had slowed to 11.1% year-on-year, down from 11.7% in May.
The previous month’s drop was attributed to softer prices in both energy and food categories, trends that are expected to persist into July.
This development is critical for investors monitoring emerging market risk and the Pakistani rupee.