Tokhir Mirzoev, IMF on Pakistan CPI inflation expectations


Tokhir Mirzoev, IMF on Pakistan CPI inflation expectations

“CPI inflation rose to 3.2% in May compared to May 2014, chiefly driven by food prices, while non-food inflation continued to decline. This means that lower oil prices are still working their way through the economy. We expect inflation to rise gradually in the coming fiscal year as commodity price effects dissipate. Inflation should however remain well-anchored by continued prudent monetary and fiscal policies.”

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