{"id":802,"date":"2021-11-22T13:03:24","date_gmt":"2021-11-22T13:03:24","guid":{"rendered":"https:\/\/www.newsmakers.com.pk\/en\/?p=802"},"modified":"2021-11-22T13:03:27","modified_gmt":"2021-11-22T13:03:27","slug":"sbp-clarifies-inflation-forecast-ambiguities","status":"publish","type":"post","link":"https:\/\/www.newsmakers.com.pk\/en\/business\/sbp-clarifies-inflation-forecast-ambiguities\/802\/","title":{"rendered":"SBP clarifies inflation forecast ambiguities"},"content":{"rendered":"\n

Web Desk — An official note issued by the State Bank of Pakistan (SBP) has clarified media reports in which its average inflation forecast of 7-9% in FY22 is being interpreted as the “inflation target” and compared to the inflation targets of other countries.<\/p>\n\n\n\n

It said the SBP’s inflation forecast is for the current fiscal year, FY2021-22.<\/p>\n\n\n\n

Pakistan’s government sets an inflation target of 5-7 %. It aims to achieve this over the medium term.<\/p>\n\n\n\n

Moreover, the government’s inflation target is anchored on achieving monetary policy over a medium-term horizon, i.e. within 18-24 months, according to the notice.<\/p>\n","protected":false},"excerpt":{"rendered":"

Web Desk — An official note issued by the State Bank of Pakistan (SBP) has clarified media reports in which its average inflation forecast of 7-9% in FY22 is being interpreted as the “inflation target” and compared to the inflation targets of other countries. It said the SBP’s inflation forecast is for the current fiscal …<\/p>\n","protected":false},"author":1,"featured_media":788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-802","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business"],"yoast_head":"\nState Bank of Pakistan (SBP) clarifies inflation forecast ambiguities<\/title>\n<meta name=\"description\" content=\"State Bank of Pakistan (SBP) has clarified media reports in which its average inflation forecast of 7-9% in FY22 is being interpreted as the "inflation target"\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.newsmakers.com.pk\/en\/business\/sbp-clarifies-inflation-forecast-ambiguities\/802\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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