Pakistan’s headline inflation clocked in at 11.7% on a year-on-year (YoY) basis in May 2026, as shown by Pakistan Bureau of Statistics (PBS) data on Monday. This is the highest reading since June 2024, said Arif Habib Limited (AHL). The consumer price index (CPI) was recorded at 10.9% in April 2026. The CPI stood at 3.5% in May 2025. On a month-on-month basis, it increased by 0.5% in May 202
The Pakistani rupee appreciated 0.01% against the US dollar in the inter-bank market on Monday. At close, the local currency settled at 278.47, a gain of Re0.03 against the greenback. On Friday, the local unit closed at 278.50. Pakistan’s headline inflation clocked in at 11.7% on a year-on-year (YoY) basis in May 2026, Pakistan Bureau of Statistics (PBS) data showed. The consumer price in
Pakistan’s ongoing engagement with the International Monetary Fund (IMF) is shaping many of the economic policies expected to feature in the upcoming federal budget and broader reform agenda. Discussions between Pakistani authorities and the IMF have focused on fiscal consolidation, tax reforms, energy-sector restructuring, governance measures, and steps aimed at maintaining macroeconomic stabi
The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has warned the government that ignoring localisation in the Auto Policy will badly hit the steel melting industry. In a statement on Monday, Chairman PAAPAM Usman Aslam Malik said the PAAPAM has been in continuous dialogue with the government over the past year on the forthcoming Auto Policy 2026-31. “PAAPAM’s
The government has expanded the scope of Naya Pakistan Certificates (NPCs) scheme by introducing investment options in Saudi Arabian Riyal (SAR) and UAE Dirham (AED), aiming to attract more investment in the bonds from overseas Pakistanis residing in the Gulf region. The State Bank of Pakistan (SBP) on Monday revealed that the Finance Division’s External Finance Wing, through Gazette Notificati