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.
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