Cement sector dispatches down 25% in Apr’24
cement dispatches in Pakistan totaled 2.94 million tons, marking a significant 25% decrease compared to March 2024.
Oil sales volumes decline in April 2024
The decline is primarily due to the dumping of Iranian smuggled oil and lower production by power generation companies.
Inflation decelerates to 17.3% in April 2024
Pakistan slowed down further, registering a year-on-year (YoY) inflation rate of 17.3%, along with a month-on-month (MoM) decrease of 0.4%.
IMF approves final tranche for Pakistan under stand-by agreement
IMF Executive Board has approved the final tranche of $1.1 billion
State Bank of Pakistan maintains policy rate unchanged at 22%
SBP has decided to keep its policy rate unchanged at 22%, as announced in its recent monetary policy statement
Spectrum research expects unchanged interest rate
SBP has decided to maintain the Policy Rate at 22%, resisting calls for a reduction despite mounting pressures on the Pakistani Rupee.Textile Sector Faces Challenges Amid Rising Costs
Turbulent Times for Textile Industry
IIS Research expects a 25-50bps interest rate cut
Ismail Iqbal Research has just published its report on the CPI outlook and SBP monetary policy