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Tag: Economic Forecast

PSX closes in green
Business
  • Web Desk
  • Jul 04, 2024
PSX predicted to cross 100,000 level in 2025

AHL has forecasted a substantial 36 per cent return for the PSX, projecting it to reach 109,250 points by June 2025.

SBP to facilitate IT exporters
Business
  • Web Desk
  • Jun 04, 2024
Will SBP lower policy rate following continuous decline in inflation?

State Bank of Pakistan (SBP) may lower its policy rate, according to S&P Global Market Intelligence, due to decline in inflation.

global unemployment to decline
World
  • Web Desk
  • May 29, 2024
Global unemployment rate expected to drop below 5 per cent

International Labour Organisation (ILO) forecasts a slight decrease in the global unemployment rate to 4.9 per cent in 2024.

Pakistan economy 2024
Business
  • Web Desk
  • Apr 06, 2024
UN forecasts modest economic growth amid challenges in Pakistan

The UN report further suggests that in the following fiscal year, FY25, the GDP growth is likely to experience a slight increase to 2.3 per cent, while inflation is projected to decrease to around 12.2 per cent.

Moody's Pakistan banking sector growth outlook 2024
Business
  • Web Desk
  • Mar 07, 2024
Moody’s upgrades Pakistan’s banking sector outlook to ‘stable’

Moody’s has revised the outlook of Pakistan’s banking sector, upgrading it from ‘negative’ to ‘stable’.

Inflation in Pakistan
Business
  • Web Desk
  • Feb 27, 2024
Pakistan’s CPI-based inflation expected to decline to below 24%

In a recent report, Arif Habib Limited (AHL) revealed that consumer price index (CPI)-based inflation in Pakistan is poised to decrease, projecting a year-on-year (YoY) rate of 23.5 per cent for February.

SBP T bills auction
Business
  • Web Desk
  • Dec 30, 2023
SBP forecasts substantial decline in inflation for FY2024

Pakistan’s central bank anticipates a notable decline in inflation to approximately 20–22 per cent for the fiscal year 2024.

Pakistan's CPI
Business
  • Web Desk
  • Nov 23, 2023
Gas price hike to push November inflation beyond 28%

In November, the Consumer Price Index (CPI)-based inflation is projected to surge to 28.26 per cent, surpassing the October figure of 26.9 per cent, primarily attributed to an uptick in gas prices, as reported by JS Global on Thursday.

Pakistan GDP growth
Business
  • Web Desk
  • Oct 09, 2023
Economists predict only 2.4% GDP growth for Pakistan in FY24

In the latest survey conducted by Bloomberg between October 4 and 6, Pakistan’s economic outlook for the fiscal year 2024 appears subdued.

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