In its monthly economic report released on Friday, the finance ministry predicted that Pakistan’s inflation rate will fall further in September, with figures falling to between 9.5 and 10.5% in August.
Pakistan’s inflation rate has not been in single digits since October 2021, when it first surpassed 30% in 2023.
According to the finance ministry, the consumer price index for July, which was 11.1%—the lowest level in 32 months—suggested that the economy was headed for single-digit inflation in the near future.
The research predicted that September inflation will likely drop even further to 9–10% thanks to economic stability.
