Govt sees marginal easing of inflation

The Ministry of Finance said on Tuesday that inflationary pressure is expected to marginally ease out month-on-month due to smooth domestic supplies, unchanged energy prices in November and a stable exchange rate. Further, the recent Kissan package has made an optimistic crop outlook which will decelerate food inflation in the months ahead. Moreover, the food supply chain disruption caused by flash floods is also settling down which has smoothened the food and other related markets, the ministry said in its economic update and outlook for November. Thus, food inflation is also expected to remain on the lower side because the administered prices are maintained restricting the pass-through of energy-led inflation. Though international commodity prices are showing an upward trend on a year-on-year basis and Pakistan being a net importer may be affected by it.