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Karachi: The Pakistan Stock Exchange (PSX) witnessed a strong bullish rally on Friday, with the benchmark KSE-100 index climbing 1,000 points in intraday trading. At 4:12 PM, the KSE-100 index surged by 1,096.00 points, or 0.97%, reaching 114,302.40, up from the previous day’s close of 113,206.40. The upward momentum reflected a strong recovery following the …
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Amid ongoing economic reforms, Pakistan’s inflation rate is expected to drop significantly, with the Consumer Price Index (CPI) for January 2025 forecasted to dip below 3%, marking the lowest level since November 2015. According to a report by JS Global, January’s CPI inflation could fall to 2.8%, driven by a high base effect, despite a …
Continue reading “Pakistan’s Inflation Hits Lowest Levels in Over a Decade”
Pakistan’s inflation rate in November recorded its lowest level in 6.5 years, standing at 4.9%, according to the Pakistan Bureau of Statistics (PBS). This significant drop marks a steady decline from a staggering 38% peak last year. With the State Bank of Pakistan (SBP) scheduled to review its policy rate on December 16, currently set at …
Continue reading “Inflation Rate Hits 6.5-Year Low at 4.9% in November”
