{"id":49251,"date":"2024-09-05T14:32:31","date_gmt":"2024-09-05T10:32:31","guid":{"rendered":"https:\/\/lovin.co\/isloo\/en\/?p=49251"},"modified":"2024-09-05T14:32:31","modified_gmt":"2024-09-05T10:32:31","slug":"pakistans-inflation-rate-hits-a-34-month-low-at-9-6-and-people-have-a-lot-to-say","status":"publish","type":"post","link":"https:\/\/lovin.co\/isloo\/en\/latest\/pakistans-inflation-rate-hits-a-34-month-low-at-9-6-and-people-have-a-lot-to-say\/","title":{"rendered":"Pakistan\u2019s Inflation Rate Hits A 34-Month Low At 9.6% And People Have A LOT To Say!"},"content":{"rendered":"
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Hold onto your hats, folks!<\/p>\n

Pakistan’s inflation rate has dropped to a 34-month low of 9.6% for August 2024, according to the Pakistan Bureau of Statistics (PBS)<\/h2>\n
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A post shared by Lovin Isloo | \u0644\u0648\u06a4\u0646 \u0627\u0633\u0644\u0627\u0645 \u0622\u0628\u0627\u062f (@lovinisloo)<\/a><\/p>\n<\/div>\n<\/blockquote>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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It\u2019s a significant drop from July\u2019s 11.1% and last August\u2019s whopping 27.4%. But while the government is touting this as a major win, the public reaction is anything but unanimous.<\/p>\n

So, what\u2019s behind this sudden dip? Analysts credit a stable currency and recent interest rate cuts for the change.<\/p>\n

The Pakistani rupee has strengthened against the dollar, and the central bank has reduced interest rates to 19.5%<\/h2>\n

This combination of factors seems to be easing the pressure on prices, but not everyone is buying into the optimism.<\/p>\n