Pakistan’s inflation is expected to accelerate to 9.1% year-on-year in July, as higher food prices and renewed uncertainty over global energy markets add fresh pressure to the cost of living, according to market estimates by Growth Securities and JS Global. Economists expect the Consumer Price Index (CPI) to record a 1.1% month-on-month increase, largely driven...
An anti-hoarding crackdown in Hyderabad has triggered an unexpected wheat shortage, with traders and flour mill owners reporting limited supplies despite government efforts to stabilize prices. According to market sources, wheat has largely disappeared from shops after district authorities launched raids against alleged profiteers and seized thousands of sacks from warehouses. The move initially pushed...