Pakistan inflation falls to 2.49 percent in March
ISLAMABAD - Pakistan's annual inflation fell to 2.49 percent in March from 3.24 percent in February, the Pakistan Bureau of Statistics said on Wednesday.
Analysts cited lower fuel prices as a key factor behind easing inflation pressures.
On a month-on-month basis, prices rose 0.23 percent in March from February.
Average inflation in the period from July 2014 to March 2015 was 5.12 percent compared with the year-earlier period.
Pakistan economic indicators - April 1
DAILY INDICATORS TUESDAY PREVIOUS Floating Interbank Rate (Rs/$) 101.92/101.97 101.85/101.92 Rupee/US$ (kerb market) 102.25/102.45 102.20/102.40 Karachi 100-share index 30,233.87 28,927.04 Gold (Karachi) Rs/10 gm 40,200 n/a CENTRAL BANK AUCTIONS Treasury bill auction results: Cut-off yield (pct) at auction on March 18 March 4 Three-months bills 8.1902 8.2353 Six-month bills 7.9869 8.1606 12-month bills 7.8382 7.9899 Pakistan Investment Bond (PIB) auction results Cut-off yield (pct) at auction on March 25 Feb 25 three-year PIB 8.2900 8.4980 five-year PIB 8.7476 9.1418 10-year PIB 9.5002 9.8003 20-Year PIB Bids no Bids no Received Received WEEKLY INDICATORS Week ending March 20 March 13 Total liquid forex reserves $16.132 bln $16.273 bln Forex held by central bank $11.067 bln $11.226 bln Forex held by commercial banks $5.065 bln $5.047 bln MONTHLY INDICATORS LAST PVS Consumer price index Feb n/a n/a Change mth/mth (pct) Feb 0.9 0.1 Change yr/yr (pct) Feb 3.2 3.9 Wholesale price index Feb n/a n/a Change mth/mth (pct) Feb 1.1 1.0 Change yr/yr (pct) Feb 3.4 2.4 Trade Balance Jan $-999 mln $-1.703 bln Exports Jan $2.064 bln $2.156 bln Imports Jan $3.063 bln $3.859 bln ANNUAL INDICATORS FISCAL YEAR 2013/14 2012/13 Population (millions) *188.2 184.35 Per capita income $1,386 $1,340 External debt (billion dlr) *$61.805 $60.857 Total F.debt as pct of GDP n/a n/a Domestic debt (billion rupees) 10,832 11,036 Total domestic debt as pct of GDP n/a n/a Gross domestic product growth *4.14 pct 3.7 pct Manufacturing sector growth *5.55 pct 4.53 pct Services sector growth *4.3 pct 4.9 pct Agricultural sector growth *2.12 pct 2.9 pct Commodity producing sector growth n/a n/a Average consumer price inflation *8.6 pct 7.4 pct Fiscal deficit (pct of GDP) n/a 8.8 pct Trade balance (FBS July-June) $-19.98 bln $-20.49 bln Exports $25.13 bln $24.46 bln Imports $45.11 bln $44.95 bln Current a/c balance $3.096 bln $2.496 bln * = provisional SBP = State (central) Bank of Pakistan FBS = Federal Bureau of Statistics. –Reuters- Reuters