May inflation expected to hit 11.5%, highest since July 2024
KARACHI: Pakistan’s headline inflation is projected to rise to 11.5% year-over-year in May 2026, up from 10.9% the previous month, marking the highest reading since July 2024, according to a report from Sherman Securities. The increase is largely driven by higher electricity charges in the housing index, with food prices also adding pressure, particularly wheat…