Headline consumer price inflation (CPI) is expected above 9% year-on-year in July, down from 11.1% in June, with brokerages like Ismail Iqbal Securities (9.3%) and JS Global (9.1%) forecasting the drop. While monthly CPI may rise 1.3% led by food, transport costs are projected to fall 3.4%. However, non-food, non-energy core inflation is anticipated to edge up to 8.5%, signaling persistent underlying price pressures despite the headline relief. This potential easing of headline inflation could offer some stability to the Pakistani Rupee, potentially influencing local gold and silver prices.
بحوالہ / Source: www.brecorder.com