AKD Securities has released an analytical report assessing the potential impact of the Middle East conflict on Pakistan’s economy, warning that inflation could rise to 7.3% this month.
The report also forecasts a 1.2% increase in monthly inflation for March.
The analysis attributes the inflationary pressure primarily to rising fuel prices, including petrol and diesel. The transport sector is expected to be the hardest hit, with inflation projected at 19.5%, while housing could see a 11.3% increase and other goods up to 20.2%.
Some food items, such as tomatoes, potatoes, eggs, and onions, may see slight price reductions, the report notes.
Global oil prices continue to climb amid tensions in the Middle East, though the government has not yet raised petrol and diesel prices further. Meanwhile, electricity and gas tariffs are steadily increasing, adding to the cost of living pressures.
