Pakistan's weekly inflation (SPI) rose 0.11% for the week ending May 30, 2024, with food prices potentially influencing the central bank's policy rate decision.

Pakistan's weekly inflation, based on the Sensitive Price Indicator (SPI), rose by 0.11% for the week ending May 30, 2024, breaking a six-week falling trend. The increase in food prices, particularly tomatoes, onions, and dal mash, may lead the central bank to maintain its high policy rate at 22% during its June 10 meeting. The SPI increased 21.40% year-over-year, with the annual inflation rate reaching 21.40%.

May 31, 2024
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