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The annual inflation rate in Pakistan slowed for a fourth straight month to 1.5% in February 2025, the lowest level since September 2015, compared to 2.4% in the previous month. The reading came below Pakistan's finance ministry estimate of 2%-3%. The biggest downward pressure came from prices of food & non-alcoholic beverages declined (-4.2% vs -3.1% in January 2025), namely perishable items (-20.3%), and housing and utilities (-0.6% vs 1.5%). Transport prices also declined (-1.1% s 0.7%). On the other hand, the biggest upward impact came from cost of miscellaneous goods and services (12.8% vs 11.9%). Compared to January, the CPI in Pakistan went down 0.8%, the biggest drop in nine months, after a 0.2% rise in January.