It’s a significant drop from July’s 11.1% and last August’s whopping 27.4%. But while the government is touting this as a major win, the public reaction is anything but unanimous.

So, what’s behind this sudden dip? Analysts credit a stable currency and recent interest rate cuts for the change.

The Pakistani rupee has strengthened against the dollar, and the central bank has reduced interest rates to 19.5%

This combination of factors seems to be easing the pressure on prices, but not everyone is buying into the optimism.

On social media, the reaction has been mixed. While the government is calling this a victory, some social media users are not having it.

Critics argue that the reported drop doesn’t reflect the reality of the rising cost of living that they’re experiencing day-to-day…

Looking ahead, the finance ministry expects inflation to stay within the range of 9-10% in September, with further declines projected

The government’s economic team is optimistic that the current policies will continue to drive inflation down. However, the ongoing debate and public skepticism highlight a disconnect between the numbers and the everyday experiences of many Pakistanis.