Inflation slows to 17.3pc for April, lowest in nearly two years

Pakistan’s consumer price inflation slowed to 17.3 per cent in April from a year earlier, data from Pakistan Bureau of Statistics (PBS) showed on Thursday, the lowest reading in nearly two years and below the finance ministry’s projections.

Pakistan has been beset by inflation above 20pc since May 2022, registering a high of 38pc in May 2023, as it has navigated reforms as part of an International Monetary Fund (IMF) bailout programme.

Month on month inflation was down 0.4pc, showing...