Pakistan's economy showed notable signs of improvement during the past year, as highlighted in the fourth-quarter report of the Ipsos Global Consumer Confidence Index.
The survey revealed enhanced economic stability, increased optimism, and improved consumer purchasing power across the country.
According to the survey, Pakistan's stock market experienced a remarkable surge, with the 100 Index gaining 1,254 points and trading at 110,151 points.
This growth marked a significant achievement in the country’s financial sector.
The report recorded a fourfold rise in the number of citizens who considered the country’s economic condition strong since September 2023. Inflation in 2024 reached its lowest level in three and a half years, further boosting confidence among the populace.
Optimism about the local economy reached 19 per cent, with the same percentage of respondents expecting improvement in the coming six months.
Pakistan surpassed Turkey in the global consumer confidence index for the first time in two years, reflecting its economic progress.
The perception of weak economic conditions dropped by 9 per cent, showing a recovery from its peak in September 2023.
Household purchasing power improved by six points, while job security confidence continued to stabilise, adding to the overall positive outlook.
