Ministry of Finance projects inflation at 27.5-28.5% for December – Markets

Consumer Price Index (CPI)-based inflation in Pakistan for December has been projected at 27.5-28.5%, the finance ministry said in its monthly economic report on Wednesday.

In its latest ‘Monthly Economic Update and Outlook’ report, the finance ministry anticipated inflation to further ease out to 24-25% in January 2024.

The ministry said the outlook for the remaining months of FY2024 is…