Consumption in Pakistan
Pakistan - ConsumptionThe economy likely remained depressed in the first quarter of the fiscal year 2020, after stumbling in FY 2019, which ended in June. In July, large-scale manufacturing output contracted year-on-year due to declining coke and petroleum products, and automobile production, while credit conditions deteriorated markedly in the same month on previous monetary tightening. Moreover, in Q1, cash remittances decreased year-on-year and inflation accelerated, which boded poorly for household spending. In other news, the IMF concluded its Article IV visit on 20 September. While the Fund praised the government’s progress on transitioning to a market-based exchange rate system and improving tax collections, it also encouraged authorities to press on with reforms and warned of mounting economic headwinds.
Pakistan - Consumption Data
|Consumption (annual variation in %)||2.1||5.6||2.9||7.6||8.5|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||13.26||0.0 %||Sep 04|
|Exchange Rate||156.8||-0.05 %||Sep 04|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.