September inflation seen falling to 7.5%

News Image

By MG News | Category Economy | September 30, 2024 at 11:44 AM GMT+05:00

0:00

September 30, 2024 (MLN): The headline inflation for September is expected to slow down with a median estimate of 7.5% over the prior year compared to a 9.6% annual rate in the previous month and 31.4% in September 2023, as per the projections put forth by various brokerage houses/analysts.

This would bring 3MFY25 average inflation to around 9.4%, compared to 29.0% during the same period last year.

On a monthly basis, the inflation is expected to remain largely unchanged compared to an increase of 0.4% last month and the last 12-month average growth of 0.8%.

# Name/ Organisation MoM % YoY %
1 AKD Securities -0.5% 7.0%
2 Optimus Capital Management -0.3% 7.1%
3 AL Habib Capital Markets -0.1% 7.3%
4 Arif Habib Limited -0.2% 7.3%
5 Insight Securities -0.1% 7.3%
6 Aba Ali Habib Securities -0.1% 7.3%
7 MG Research 0.0% 7.5%
8 JS Global Capital 0.0% 7.5%
9 Akseer Research 0.1% 7.6%
10 Adam Securities 0.2% 7.7%
11 Sherman Securities 0.2% 7.7%
12 Taurus Securities 0.3% 7.8%
13 BMA Research 0.3% 7.9%
  Median 0.0% 7.5%

 

"We anticipate that disinflation will continue in the coming months, supported by several key factors: a high base effect, declining global commodity and energy prices, and a stable PKR parity," brokerage house Arif Habib Limited (AHL) noted in its inflation preview report.

Similarly, brokerage house AKD Securities said inflation would continue to decelerate due to steady food supplies, decreasing oil prices, appropriately tight monetary policy, fiscal consolidation, and a stable exchange rate.

"We forecast inflation to drop below 8% YoY for FY25E, down from 23.8% YoY in FY24, driven by the recent disinflationary trend, lower oil prices, and a stable political environment," AKD added.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 121,641.00
407.56M
-0.13%
-157.87
ALLSHR 75,951.71
854.04M
-0.10%
-76.82
KSE30 36,827.89
67.82M
-0.42%
-156.03
KMI30 181,199.42
117.76M
-0.38%
-696.40
KMIALLSHR 52,088.08
592.55M
-0.27%
-143.41
BKTi 29,808.04
22.21M
-0.83%
-249.97
OGTi 27,075.99
4.68M
-0.75%
-203.95
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 105,060.00 105,945.00
101,390.00
2845.00
2.78%
BRENT CRUDE 66.65 66.67
64.80
1.31
2.00%
RICHARDS BAY COAL MONTHLY 90.00 90.75
90.00
0.00
0.00%
ROTTERDAM COAL MONTHLY 101.80 102.40
101.00
1.25
1.24%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.77 64.80
62.82
1.40
2.21%
SUGAR #11 WORLD 16.51 16.59
16.32
-0.06
-0.36%

Chart of the Day


Latest News
June 05, 2025 at 10:09 PM GMT+05:00

Trump, Xi speak on trade, agree to ongoing talks


June 05, 2025 at 09:29 PM GMT+05:00

SBP revises regulations to support SMEs



Top 5 things to watch in this week

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