Karachi: Pakistan is poised to see its inflation rate drop to 7.0% in September 2024, the lowest in nearly four years, propelled by widespread disinflation across various categories, except for transportation. This forecast aligns with broader economic indicators suggesting a continued easing of price pressures.

According to AKD Securities Limited, inflation on a month-to-month basis is expected to decrease by 0.5% in September, largely due to significant deflation in the housing and transportation segments. Despite these broader deflationary trends, the food index is anticipated to rise by 0.2% month-over-month, marking the fourth consecutive monthly increase, driven by escalating prices of essential food commodities during the period.

For the fiscal year 2025, inflation is projected to fall below 8%, a substantial decrease from the 23.8% year-over-year rate observed in FY24. This optimistic outlook is supported by recent disinflationary trends, lower oil prices, and a stable political environment, which are collectively expected to sustain the easing of inflationary pressures.