External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>Pakistan’s CPI Inflation jumped to 31.4% YoY in Sep-2023, breaking a three-months of YoY declining trend. The significant hike in inflation is due to higher local fuel and food prices.</li><li>On MoM basis, CPI inflation was up 2.0% in Sep 2023 as compared to 1.7% in Aug 2023 and last 3-month average of 1.6%.</li><li>This takes 1QFY24 average inflation to 29.04% compared to 25.11% in 1QFY23.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Pakistan’s CPI Inflation jumped to 31.4% YoY in Sep-2023, breaking a three-months of YoY declining trend. The significant hike in inflation is due to higher local fuel and food prices.On MoM basis, CPI inflation was up 2.0% in Sep 2023 as compared to 1.7% in Aug 2023 and last 3-month average of 1.6%.This takes 1QFY24 average inflation to 29.04% compared to 25.11% in 1QFY23.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pakistan Economy - Inflation up 31% YoY in Sep-2023 as Expected