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Pakistan Sees November Inflation Near 6% as Recovery Shows Mixed Gains

Rising remittances with early debt repayment are steadying the outlook.

Overview

  • The Finance Ministry’s latest Economic Outlook projects headline inflation around 5–6% for November with food and agriculture pressures posing upside risk.
  • Remittance inflows rose 9.3% in July–October and 11.9% in October, easing external pressures alongside a broadly stable rupee near 280 per dollar.
  • Trade performance remains uneven, with exports up 2% in July–October but down 8.6% in October.
  • Investment fell 26% over July–October, though October posted a 22% rebound.
  • Public debt declined by Rs 1,371 billion in July–September on early repayment of costly loans, even as spending growth outpaced revenues in recent readings.