Pakistan's Inflation Forecast: A Peek into Consumer Price Trends

Pakistan's finance ministry forecasts a steady inflation rate between 1% to 1.5% but expects a rise to 2% to 3% by April. February's CPI was documented at 1.5%, showing a decline over recent months; however, a potential uptick is anticipated in the coming months.

According to the latest economic outlook from Pakistan's finance ministry, consumer price inflation is projected to stay in the 1% to 1.5% range.

Data shows a decline over the past months, with the consumer price index (CPI) recorded at 1.5% in February.

Despite this downward trend, the ministry anticipates inflation to rise to the 2% to 3% range by April.

(With inputs from agencies.)