Pakistan’s annual inflation rate fell to its lowest level in over two years, giving some relief to households struggling with rising costs. The drop was driven by a decline in food and fuel prices, as well as government measures to stabilize the economy.
Experts say the easing of inflation could boost consumer confidence and help businesses recover. However, they also caution that risks remain due to global oil prices, currency fluctuations, and supply chain issues.
The government has been under pressure to control prices ahead of the coming fiscal year. Officials are hopeful that improved economic indicators will attract investment and strengthen growth.
Ordinary citizens have welcomed the news, noting that daily essentials have become slightly more affordable. Still, many believe more work is needed to ensure long-term stability.
The decline in inflation is seen as a positive sign for Pakistan’s economy, which has faced tough challenges in recent years.
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