Inflation widely seen easing further in Oct

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

Add Mettisglobal as a Trusted Source on Google

0:00

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.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,441.91 152.07M	-0.68% -1138.50
ALLSHR	101,272.49 364.18M	-0.66% -673.69
KSE30	49,983.86 80.24M	-0.80% -405.13
KMI30	240,418.15 75.57M	-0.60% -1444.30
KMIALLSHR	65,553.86 231.48M	-0.61% -404.88
BKTi	46,509.81 8.96M	-0.76% -358.23
OGTi	34,065.97 3.89M	-1.32% -454.13

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,760.00	81,780.00 81,760.00	-190.00 -0.23%
BRENT CRUDE	104.02	105.92 100.76	3.82 3.81%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	1.40 1.10%
ROTTERDAM COAL MONTHLY	143.85	146.10 143.85	0.40 0.28%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	91.18	93.20 88.77	2.90 3.29%
SUGAR #11 WORLD	20.19	21.03 20.09	-0.64 -3.07%