Inflation & Prices
Pakistan Inflation Eases to Two-Year Low After Demand Slump
- Central bank expected to start easing cycle after pace slows
- Prices ease after everyday food items double in three years
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Pakistan’s inflation pace eased in March for a third month in a row to the lowest in almost two years as record borrowing costs weakened economic growth and domestic demand.
Consumer prices rose 20.68% from a year ago, according to data released by the Pakistan Bureau of Statistics on Monday. That compares with a median estimate for a 20.4% gain in a Bloomberg survey and 23.06% in February.