The Ministry of Finance has expressed fears of an increase in inflation in the country before Eid-ul-Fitr.
According to the report, the report issued by the Ministry of Finance stated that the inflation rate in March could be 3 to 4 percent, inflation in February is expected to be 2 percent to 3 percent. Inflation was recorded at 2.41 percent in January 2025.
It said that the average inflation rate during July to January was 6.50 percent. During the first seven months of the fiscal year, the export industry grew, and inflation decreased significantly.
According to the report, the inflation rate in March is likely to be limited to three to four percent.
According to the report, inflation is likely to be limited to 2 to 3 percent this month, inflation may go up to 3 to 4 percent in March.
According to the report, the policy rate cut, high growth in remittances and a gradual stabilization came, July-January remittances increased by 31.7 percent to $20.84 billion, and remittances are expected to increase further during Ramadan, Eid-ul-Fitr and Eid-ul-Adha.
It said that due to an increase in foreign direct investment, better management of expenses, exports increased by 7.6 percent in seven months, the total volume of exports from July to January was recorded at $19.17 billion, while imports increased by 10.9 percent to $33.31 billion in seven months.
