Karachi: Pakistan's Consumer Price Index (CPI) is projected to rise by 5.2% in October 2025, according to the latest insights from JS Global. This marks a notable decrease in inflation compared to previous periods.

During the first four months of the fiscal year 2026, average inflation is anticipated to be around 4.5%. This figure represents a significant reduction from the 8.7% recorded in the same period the previous year.

Food inflation, however, is expected to increase by 4.1% year-on-year in October 2025. This rise is primarily due to the increased prices of certain food items, including key vegetables.

Amid these developments, the State Bank of Pakistan (SBP) has decided to maintain its cautious approach. In its recent Monetary Policy Committee meeting, the SBP opted to keep the policy rate steady at 11%. This decision comes as the bank remains vigilant regarding potential risks to macroeconomic estimates, particularly those arising from recent floods.