1.0PIDE Bloghttps://pide.org.pk/blogPIDE Bloghttps://pide.org.pk/blog/author/usman/rich600338<blockquote class="wp-embedded-content" data-secret="C1FNxwUPMK"><a href="https://pide.org.pk/blog/prices-matter-inflation-forecasts-for-pakistan/">Prices Matter! Inflation forecasts for Pakistan</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://pide.org.pk/blog/prices-matter-inflation-forecasts-for-pakistan/embed/#?secret=C1FNxwUPMK" width="600" height="338" title="“Prices Matter! Inflation forecasts for Pakistan” — PIDE Blog" data-secret="C1FNxwUPMK" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=new RegExp("^https?:$","i"),l=0;l<n.length;l++)n[l].style.display="none";for(l=0;l<i.length;l++)if(r=i[l],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=d.createElement("a"),a=d.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,!o.test(a.protocol));else if(a.host===s.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> https://pide.org.pk/blog/wp-content/uploads/2021/11/MKhalid-Featured-Image.jpg1200675Mahmood Khalid says prices matter! Everyone needs an inflation forecast nowadays. Inflation measures how much more expensive goods and services have become over a specified period. But the credibility of forecasts and estimation details play a crucial role in public acceptance of predictions. Newly published PIDE research predicts inflation in the range of 10-10.5 percent (FY 2021-22) and 11-11.5 percent (first half of FY 2022-23). These estimates are on the higher side as compared to those of the State Bank and international financial institutions. But the critical point to remember is that such high inflation hurts the poorest segment of society the most and will require increased social protection allocations.