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Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Pakistan’s Yearly inflation at 9.70 Percent in June

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July 01, 2021 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in June 2021 was 9.70 percent compared to 10.87 percent in May 2021 and 8.59 percent in June 2020.

The July-June average inflation is 8.90 percent compared to 10.77 percent from the corresponding period last year.

Market Expectation of Inflation for June was between 10.90% and 9.74% with the average estimate of 10.12%.

On a monthly basis, CPI decreased by 0.24 percent in June compared to a increase of 0.10 percent in May.

Market expectation of Monthly change was between 0.88% and -0.21% with the average estimate at 0.13%.

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Posted on: 2021-07-01T15:15:00+05:00

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