No Result
View All Result
Friday, July 4, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Showbiz
    (Reliance Entertainment)

    Call for ban on anti-Islam Bollywood movie ‘Udaipur Files’

    (Amazon Prime)

    Priyanak Chopra’s ‘Heads of State’: Stream it or Skip it?

    Deepika Padukone
(Image: Instagram.com/deepikapadukone)

    Deepika Padukone joins Hollywood legends with Walk of Fame star

    Image: Facebook

    Adult film star Kylie Page dies of suspected drug overdose

    Mike (Liam Neeson) travels to Nepal to scatter his late brother's ashes on Mt. Everest. When Mike and his mountain guide encounter mercenaries on a tour bus, they are forced to fight to save themselves, the passengers, and the local villagers' homeland. (Courtesy of Vertical)

    Netflix or Amazon Prime: Where will Liam Nesson’s ‘Ice Road: Vengeance’ stream?

    (File Photo)

    Actress Memoona Qudoos speaks out against sexual harassment in showbiz industry

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Showbiz
    (Reliance Entertainment)

    Call for ban on anti-Islam Bollywood movie ‘Udaipur Files’

    (Amazon Prime)

    Priyanak Chopra’s ‘Heads of State’: Stream it or Skip it?

    Deepika Padukone
(Image: Instagram.com/deepikapadukone)

    Deepika Padukone joins Hollywood legends with Walk of Fame star

    Image: Facebook

    Adult film star Kylie Page dies of suspected drug overdose

    Mike (Liam Neeson) travels to Nepal to scatter his late brother's ashes on Mt. Everest. When Mike and his mountain guide encounter mercenaries on a tour bus, they are forced to fight to save themselves, the passengers, and the local villagers' homeland. (Courtesy of Vertical)

    Netflix or Amazon Prime: Where will Liam Nesson’s ‘Ice Road: Vengeance’ stream?

    (File Photo)

    Actress Memoona Qudoos speaks out against sexual harassment in showbiz industry

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Thought Box
  • Showbiz
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Business & Stock

Core inflation hits 4.9% in November, lowest in 6.5 years

MM News Staff by MM News Staff
December 3, 2024
Inflation

(Image: Reuters)

Core inflation, as measured by the Consumer Price Index (CPI), eased to 4.9% in November 2024, down from 7.2% in October 2024, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday.

According to a report by APP, the data shows CPI-based inflation for November 2023 was significantly higher at 29.2%. On a month-to-month basis, CPI increased by 0.5% in November 2024, compared to a rise of 1.2% in October 2024 and 2.7% in November 2023.

“Inflation, as measured by CPI, has hit a multi-year low,” noted Khurram Schehzad, Advisor to the Finance Minister on Economic and Financial Reforms, in a post on X. He highlighted that the current inflation rate is the lowest in 6.5 years, impacting the common population, businesses, and the government’s fiscal position.

Schehzad expressed optimism that this low inflation pace could lead to further monetary easing, reducing borrowing costs for businesses and industries and enabling higher savings on government debt servicing. This, he said, could improve fiscal balance in the months ahead.

Urban CPI inflation dropped to 5.2% year-on-year in November 2024, compared to 9.3% in October 2024 and 30.4% in November 2023. On a monthly basis, it rose by 0.5% in November 2024, down from 1.1% in October 2024 and 4.3% in November 2023.

In contrast, rural CPI inflation increased by 4.3% year-on-year in November 2024, slightly higher than the 4.2% recorded in October 2024 but much lower than the 27.5% reported in November 2023. On a month-to-month basis, rural inflation rose by 0.5% in November 2024, compared to a 1.5% increase in October 2024 and 0.4% in November 2023.

The Sensitive Price Index (SPI) inflation on a year-on-year basis declined to 7.3% in November 2024, down from 9.7% in October 2024 and 30.6% in November 2023. On a monthly basis, SPI rose by 1.0% in November 2024, compared to a 0.6% increase in the previous month and 3.3% in November 2023.

 

ShareTweetSendShare
Previous Post

Pakistan’s registered voter count exceeds 132 million

Next Post

Two teenage girls found dead in Karachi

Related Stories

File photo
Business & Stock

Pakistan’s total liquid foreign reserves surge above $18 billion

July 3, 2025
File photo
Crime

Preliminary report submitted in Swat tragedy

July 3, 2025
(Representational Image)
Thought Box

Sending money without a bank account in the UAE — here’s how it works

July 3, 2025
File
Business & Stock

Latest prices of Honda motorcycles after new tax imposition

July 3, 2025
(File)
Business & Stock

Gold price up Rs800 per tola in Pakistan

July 3, 2025
Image: APP
Business & Stock

PSX gains 342 points in volatile session

July 3, 2025
Easypaisa Jazzcash
Business & Stock

Biometric verification made mandatory for JazzCash, easypaisa cash transactions

July 3, 2025
Top News

PMDC announces MDCAT 2025 exam date

July 3, 2025
file photo
Business & Stock

Pakistan Goods Transport threatens nationwide strike against hike in fuel prices

July 3, 2025
file photo
Business & Stock

New Suzuki car prices announced after implementation of Budget 2025–26

July 3, 2025
Next Post
representative image

Two teenage girls found dead in Karachi

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

Photo credit Aaj News
Weather

NDMA highlights glacial flood risk and climate vulnerabilities

by MM News Staff
July 3, 2025
file photo
Uncategorized

Federal govt announces public holidays for Ashura 2025

by MM News Staff
July 3, 2025
File photo
Uncategorized

Punjab finalises new drama act with stricter controls on theaters, performers

by MM News Staff
July 3, 2025
File photo
Business & Stock

Pakistan’s total liquid foreign reserves surge above $18 billion

by MM News Staff
July 3, 2025
File photo
Uncategorized

NAB launches probe into illegal hiring, corruption in SPSC

by MM News Staff
July 3, 2025

Opinion

Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
munir ahmed oped
“Run Lola Run” – More than a movie to cultural bridging
June 27, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

Photo credit Aaj News
Weather

NDMA highlights glacial flood risk and climate vulnerabilities

by MM News Staff
July 3, 2025

Members of the National Assembly’s Standing Committee on Climate Change visited the headquarters of...

File photo

Heavy rains, flash floods forecast across country during July 6-10

July 2, 2025
Heatwave. File photo

Europe heatwave claims four lives each in Spain, France

July 2, 2025
File photo

Pakistan flash floods, heavy showers kill 64 in a week

July 2, 2025
See all

Prices

File
Business & Stock

Latest prices of Honda motorcycles after new tax imposition

by MM News Staff
July 3, 2025

Atlas Honda Limited has revised the retail prices of its motorcycle range, with the...

file photo

New Suzuki car prices announced after implementation of Budget 2025–26

July 3, 2025
representative image

Latest gold prices in Pakistan today- 3 July 2025

July 3, 2025
Online/File photo

NEPRA approves Rs1.15/unit cut in basic electricity tariff

July 2, 2025
See all

Transport News

file photo
Transport

Helmets made mandatory for motorcycle passengers in Islamabad

by MM News Staff
July 3, 2025

In a bid to enhance road safety, Islamabad authorities have made it mandatory for...

file photo

Pakistan Goods Transport threatens nationwide strike against hike in fuel prices

July 3, 2025
file photo

Pakistan Railways increases fares following hike in fuel prices

July 3, 2025
file photo

Islamabad Police issue traffic plan for today’s Muharram procession

July 2, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Thought Box
  • Showbiz
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.