Pakistan

Weekly Inflation Rate Declines by 1.92%, Annual Rate Drops to -3.52%

Islamabad: The Pakistan Bureau of Statistics has released the weekly inflation data, which shows a 1.92% decrease in inflation. According to the report, the prices of 18 items dropped over the past week.
The Bureau of Statistics reported a weekly decline of 1.92%, with prices of 18 items falling, while the prices of 22 items remained stable. The report further stated that on an annual basis, inflation has dropped to -3.52%. Among the items that became cheaper were live broiler chicken, which became 11.75% cheaper, wheat flour by 5.68%, garlic by 4.66%, bananas by 3.51%, and onions by 1.93%. Other items that became cheaper included mustard oil, tomatoes, electricity, and LPG.
However, the report also highlighted that the prices of 11 essential items increased during the week. Potatoes saw a rise of 6.94%, eggs by 0.66%, and salt by 0.51%. Other items that became more expensive included jaggery, yogurt, lentils, chickpeas, cigarettes, and clothes.
It is worth noting that in March, inflation growth reached its lowest level in three decades, recorded at just 0.7%. In the monthly economic update and outlook issued by the Ministry of Finance, it was estimated that inflation might rise to 3-4% in May 2025. The Ministry of Finance further predicted that inflation in April 2025 would likely remain between 1.5% and 2%.
The Ministry of Finance also highlighted that the annual inflation rate for March 2025 was recorded at 0.69%, with an average inflation rate of 5.25% for the period from July 2024 to March 2025.

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