Pakistan Economy: Jun-2025 CPI of 3.2% takes FY25 average to 4.5% - By JS Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">CPI for Jun-2025 clocked in at 3.2%. This takes FY25 average to 4.5%, down from FY24 average of 23.4%. Urban core inflation eased to 6.9% YoY in Jun-2025, while rural core inflation declined to 8.6% YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">State Bank of Pakistan (SBP) kept the policy rate unchanged at 11% in the last MPC meeting, citing rising imports and tensions in the Middle East as key risks adding uncertainty to the commodity outlook and inflation.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Despite the 11ppt decline in the policy rate over the past 12-months, the real interest rate (RIR) still hovers around ~7.8ppt, advocating the ...