Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Pakistan’s Yearly inflation at 8.35 Percent in August

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Sep 01, 2021 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in August 2021 was 8.35 percent compared to 8.40 percent in July 2021 and 8.20 percent in August 2020.

The July-August average inflation is 8.38 percent compared to 8.75 percent from the corresponding period last year.

Market Expectation of Inflation for August was between 8.60% and 8.00% with the average estimate of 8.30%.

On a monthly basis, CPI increased by 0.58 percent in August compared to an increase of 1.34 percent in July.

Market expectation of Monthly change was at an average estimate at 0.53%.

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Posted on: 2021-09-01T11:42:00+05:00

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