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Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Pakistan’s Yearly Inflation at 10.87 percent in May

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June 01, 2021 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in May 2021 was 10.87 percent compared to 11.10 percent in April 2021 and 8.2 percent in May 2020.

The July-May average inflation is 8.83 percent compared to 10.97 percent from the corresponding period last year.

Market Expectation of Inflation for May was between 10.7 percent and 11.9 percent with an average estimate of 11.37 percent.

On a month-on-month basis, it increased by 0.1% in May 2021 as compared to an increase of 1.0% in the previous month and an increase of 0.3% in May 2020.

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Posted on: 2021-06-01T10:42:00+05:00

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