Islamabad: Pakistan’s Consumer Price Index (CPI) is projected to reach 6.0% in September 2025, signaling a return to typical price patterns following the dissipation of the base effect.
Food price increases are anticipated to be a primary driver, with a projected year-on-year rise of 6.0% due to higher costs for essential food items like wheat and certain vegetables.
Despite mounting macroeconomic uncertainties stemming from recent floods, the State Bank of Pakistan (SBP) held its policy rate steady at 11% during its latest Monetary Policy Committee (MPC) meeting. A recent investor survey indicates expectations of a potential policy rate decrease ranging from 0 to 100 basis points by the end of fiscal year 2026.