Pakistan inflation drops to six year low easing pressure on interest rates

Pakistan's inflation rate has reached its lowest point in more than six years, with consumer prices increasing by 4.86% in November compared to the same month last year.

This is below the median estimate of 5.1% from a Bloomberg survey and significantly lower than the 7.17% increase recorded in October.

The decrease in inflation gives the central bank the opportunity to consider further reducing interest rates, which could potentially stimulate economic growth.

This is the lowest inflation reading since April 2018, indicating a significant change in the country's economic landscape.

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