Macro Analysis /

Pakistan Economy: June inflation to make a fresh peak; expect FY23 to near 18%

  • Pakistan’s June 22 inflation to reach 18.2% as secondary impact of fuel inflation starts to emerge

  • Monthly inflation prints will near historic highs before autumn as energy subsidies are removed

  • Another rate hike seems likely in order to bring alignment of monetary and fiscal setting

Wajid Rizvi
Intermarket Securities
27 June 2022


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