Pakistan’s inflation rate has taken a stunning nosedive, hitting 4.9% in November—the lowest since April 2018! This marks a sharp turnaround from the 7.2% recorded last month and an incredible drop from the staggering 29.2% seen in November 2023, as reported by the Pakistan Bureau of Statistics.
With inflation now comfortably within the State Bank’s target range of 5-7%, the economic outlook looks brighter than it has in years. The trend is further highlighted by the average inflation for the first five months of FY25, which stands at just 7.94%, a far cry from the 28.62% seen during the same period last year.
This dramatic improvement signals strengthened economic management, enhanced supply conditions, and potentially a more stable currency. For businesses and consumers alike, the numbers hint at a much-needed respite, laying the groundwork for sustainable growth and renewed confidence in Pakistan’s economic future.
