Inflation widely seen easing further in Oct
MG News | October 31, 2024 at 12:48 PM GMT+05:00
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 | 180,104.61 388.90M | -0.11% -206.60 |
| ALLSHR | 108,838.05 888.10M | -0.14% -150.10 |
| KSE30 | 53,603.57 82.09M | -0.20% -109.40 |
| KMI30 | 252,988.26 112.53M | -0.14% -356.16 |
| KMIALLSHR | 69,789.36 622.55M | 0.02% 11.95 |
| BKTi | 51,939.19 21.86M | -0.35% -181.79 |
| OGTi | 35,691.88 10.10M | 0.01% 3.44 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 63,085.00 | 63,150.00 62,800.00 | 110.00 0.17% |
| BRENT CRUDE | 88.82 | 88.95 86.20 | 1.75 2.01% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 110.00 110.00 | -0.65 -0.59% |
| ROTTERDAM COAL MONTHLY | 122.30 | 122.30 122.30 | 0.30 0.25% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 82.40 | 82.99 80.71 | 1.15 1.42% |
| SUGAR #11 WORLD | 16.60 | 16.85 16.50 | -0.22 -1.31% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Pakistan External Debt and Liabilities