Pakistan

Pakistan’s inflation decreased to its lowest in nearly three years at 9.64% YoY in August, down from 11.1% in the previous month, providing the central bank the flexibility to potentially cut interest rates to boost economic growth. The central bank, having already reduced rates significantly in recent meetings, anticipates maintaining inflation between 11.5% and 13.5% for the fiscal year ending June 2025, with another policy review scheduled for September 12.