KSE-100 rose this week, due to a decline in international oil prices. PKR depreciated again this week to record lows, with political uncertainty and a delay in the IMF program to blame.
What Else We’re Reading (Local)
- The annual change in Sensitive Price Index rose to 16.79% vs. 15.67% last week. The poorest of the country (Q1) experienced a change of 14.61% vs. 17.56% for Q5. On a weekly basis, prices rose for all quintiles by 0.53%.
- Increase in prices of Tomatoes (+41.0%) and Onions (+22.7%) contributed to weekly inflation. A fall in the price of Chicken (-8.93%) and Eggs (-2.11%) helped moderate inflation this week.
What Else We’re Reading (International)