Inflation widely seen easing further in Oct

By MG News | October 31, 2024 at 12:48 PM GMT+05:00

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October 31, 2024 (MLN): The headline inflation for October is expected to slow down with an average estimate of 6.8% YoY compared to 6.9% YoY in the previous month and 26.8% YoY in October 2023, as per the projections put forth by various brokerage houses/analysts.

This would bring 4MFY25 average inflation to around 8.6%, compared to 28.5% during same period last year.

On a monthly basis, the inflation is expected to move up with an average estimate of 1.0% compared to a decrease of 0.5% last month and the last 12-month average increase of 0.6%.

#	Name/ Organisation	MoM %	YoY %
1	Sherman Securities	-0.1%	5.7%
2	Adam Securities	0.4%	6.2%
3	Arif Habib Limited	0.5%	6.3%
4	JS Global Capital	0.6%	6.5%
5	Taurus Securities	0.8%	6.6%
6	Ismail Iqbal Securities	1.1%	7.0%
7	MG Research	1.2%	7.0%
8	Optimus Capital Management	1.2%	7.1%
9	Insight Securities	1.4%	7.2%
10	Akseer Research	1.4%	7.2%
	Median	1.0%	6.8%

Brokerage House Arif Habib Limited said it expects disinflation to persist in the upcoming months, primarily due to a high base effect.

Additionally, if global commodity and energy prices remain subdued while the PKR remains stable, it will further support our outlook for disinflation, it added.

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