Consumption in Pakistan

Pakistan Consumption | Economic News & Forecasts

Pakistan - Consumption

The 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

2013  2014  2015  2016  2017  
Consumption (annual variation in %)2.1  5.6  2.9  7.6  8.5  

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Pakistan Facts

Bond Yield13.260.0 %Sep 04
Exchange Rate156.8-0.05 %Sep 04

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