Pakistan's August Inflation Rose 11.15% Year-on-Year, Exceeding 10.9% Forecast, Keeping Central Bank Wary
Pakistan's consumer price index increased by 11.15% in August compared to a year earlier, surpassing the median estimate of 10.9% in a Bloomberg survey. This rise keeps policymakers on guard, as the Middle East conflict threatens to exacerbate cost pressures and complicate the economic outlook. Inflation had eased to 9.2% in July.
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