The Ministry of Finance, in its monthly report of economic perspectives on Monday, said that the inflation of the consumer price index (IPC) was expected to remain in the range of 3 to 4 percent in June.
Last month, which represents a cautious perspective towards the growth of large -scale manufacturing (LSM), the Ministry of Finance (MOF) had presented an increasing trajectory for inflation during May and June.
The interannual consumer inflation rate in May was the highest since December, indicating a rebound in inflation after months of deceleration. According to data published by the Pakistan Statistics Office, IPC inflation had remained at 3.46pc in May 2025 compared to the previous year.
“Inflation is expected to remain within the range of 3.0-4.0pc by June 2025,” said the Ministry of Finance in its report and monthly economic perspectives (June 2025).
Awais Ashraf, AKD Securities investigation, said inflation projections of the Ministry of Finance were in line with their expectations.
“We project inflation to stay at 3.2pc in June, said the analyst.
The report says that the prospects for LSM in the coming months seemed to be positive, backed by tendencies promotions in high frequency indicators, such as cement offices and car sales.
Car sales, sports services, trucks and trucks registered 14,762 units in May, reflecting an increase of 35PC year after year and 39 pieces from month to month.
However, the Ministry of Finance also declared that LSM showed a mixed yield in April 2025, registering an interannual (interannual) growth of 2.3pc while hired at 3.2pc based from month to month (MOM).
“The acceptance of loans for private sector companies suggests the increase in production activities and the best investor confidence,” the report continued.
With respect to the current account surplus, the report indicated that the external account position continued to improve during the period of July of the fiscal year 2024-25 due to the growing remittances and exports.
He declared that on the external front, the highest remittances and exports will continue to maintain the current account for fiscal year 2025.
In the agricultural sector, the report says that seeds and quality mechanization are expected to increase agricultural production.
“Agricultural machinery imports increased by 10 percent, for a value of $ 69.2 million in July -abril of fiscal year 2010, indicating a growing mechanization,” the report said.
Earlier this month, the Minister of Finance, Muhammad Aurengzeb, announced the economic survey of Pakistan 2024-25, exuding the confidence that the country’s economy could publish the growth of 2.7PC in the outgoing fiscal year for the Gross Domestic Product (GDP).
The National Accounts Committee showed the growth of Pakistan’s GDP in 1.37pc for the first quarter of fiscal year 2015, 1.53pc for the second and 2.4 for the third. This implies that the economy would need to publish a 5.5PC growth rate in the three months of April-June to reach the 2.7PC figure announced by the Minister of Finance.
However, the GDP growth figure remains less than 3.6pc, marking the third consecutive year of the government that loses its target figure.
Additional Reuters
