Pakistan, April 21 -- Pakistan's inflation is projected to drop below 0.5% in April 2025, marking the lowest rate in six decades. The Consumer Price Index (CPI) for this month is expected to range from 0.05% to 0.5% year-on-year (YoY). Additionally, the average inflation rate for the first ten months of fiscal year 2024-25 could settle at 4.87%, a significant decline from 26.22% in the previous year.
According to a report by Topline Securities, the decrease in food and electricity prices largely contributes to this sharp decline in inflation. For April, food inflation is anticipated to decrease by 3.32% month-on-month (MoM), driven by a notable 25% drop in fresh fruit prices. Onions and tomatoes are also expected to see significant price...
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