Pakistan consumer confidence falls by 1.8% in Nov

News Image

MG News | December 17, 2024 at 11:07 AM GMT+05:00

0:00

December 17, 2024 (MLN): The consumer confidence Index (CCI) in Pakistan declined by 1.8% to 34.9 points in November compared to last month, according to a survey report released by the State Bank of Pakistan (SBP).

Sentiments regarding the Current Economic Conditions (CEC) index also decreased by 2.55% to 33.6 points while the Expected Economic Conditions (EEC) index declined by 1% to 36.2 points over the previous wave.

At the same time, inflation expectations increased by 3% to 70.5 points. While concerns regarding unemployment in the next 6 months increased 2.1% to 72.3 points.

Furthermore, the expectations for interest rate in next 6 months increased by 1.6% to 59.2 points compared to last month.

The CCI report assesses consumers’ confidence about the economy as well as their personal financial situation.

The overall CCI is calculated from survey results and evaluated within a range of 0-100, indicating an optimistic outlook when the index is above 50 while showing a pessimistic attitude towards future economic situations when it is below 50.

The index reflects the ‘current situation’ — economic changes witnessed in the last six months — as well as ‘future expectations’ that take into account changes expected in the next six months across the country.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 157,953.47
555.47M
1.14%
1775.65
ALLSHR 96,741.22
1,957.60M
1.16%
1110.83
KSE30 48,198.94
249.79M
1.09%
520.47
KMI30 232,694.17
290.89M
1.31%
3011.94
KMIALLSHR 65,027.13
1,019.78M
1.03%
660.37
BKTi 42,489.56
84.10M
1.35%
566.75
OGTi 31,779.36
15.21M
0.14%
43.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,370.00 118,295.00
116,115.00
1545.00
1.33%
BRENT CRUDE 67.76 68.16
67.34
-0.19
-0.28%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 94.50 94.50
94.50
0.95
1.02%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.54 63.91
63.11
-0.16
-0.25%
SUGAR #11 WORLD 16.14 16.27
16.14
-0.13
-0.80%

Chart of the Day


Latest News
September 18, 2025 at 03:58 PM GMT+05:00

Pakistan, Iran agree to deepen agricultural cooperation


September 18, 2025 at 03:49 PM GMT+05:00

Kohinoor Energy Limited profit falls 55% in FY25


September 18, 2025 at 03:19 PM GMT+05:00

Pakistan records $245m Current Account Deficit in August


September 18, 2025 at 03:17 PM GMT+05:00

Pakistan’s mining sector seen as key driver of $8bn



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg