Pakistan’s consumer price index (CPI) rose 9.6% year-on-year in August, marking a 34-month low, according to the Pakistan Bureau of Statistics (PBS). The CPI tracks household inflation and price changes in various spending categories. In August 2024, inflation increased by 9.6% compared to 11.1% in July and 27.4% in August 2023. The monthly inflation rate was 0.39%. Topline Securities, a Karachi-based brokerage, confirmed this as the lowest reading in 34 months.