Pakistan’s annual inflation rate eased slightly in November, falling to 6.1% from 6.2% in October, official data showed. Although the drop is modest, it keeps inflation within the finance ministry’s projected 5–6% band.

On a month-on-month basis, the rate rose by just 0.4% after a sharp 1.8% jump in October. Despite lingering volatility, driven by supply-side shocks and previous flood-related crop damage, the moderation signals some relief for consumers already coping with high prices.

The decline also follows recent decisions by the State Bank of Pakistan (SBP) to hold its policy rate at 11%, citing relatively stabilized inflation and a goal to maintain price stability.