In April 2024, the Consumer Confidence Index (CCI) in Pakistan declined by 2.4 percent on a month-on-month (MoM) basis or 0.8 points, reaching 32.8, as per the Consumer Confidence Survey report released by the State Bank of Pakistan (SBP).
According to the survey, the Current Economic Conditions (CEC) index saw a 0.9-point improvement to reach 31.8, while the Expected Economic Conditions (EEC) index declined by 2.5 points to 33.9 in April 2024 compared to the previous wave.
The Consumer Confidence Index (CCI) for urban households decreased by 0.3 points to 32.7, while for rural households, it dropped by 2.8 points to 33.3 in April 2024 compared to the previous wave.
Fresh households recorded a decline of 3.1 points to 31.6 in April 2024, whereas, for rotating households, it increased by 3.9 points to 35.3 compared with March 2024.
Consumers’ Inflation Expectations rose by 1.8 points to 74.5 in April 2024 compared to the previous wave of the survey.
