Pakistan's headline inflation is projected to rise to 12.2% year-on-year in May 2026 as mounting fuel and food prices outweigh relief from lower electricity charges, according to Optimus Capital Management. The brokerage expects the National Consumer Price Index (NCPI) to increase by about 1% month-on-month (MoM), while core NCPI is projected at 8.4% YoY, indicating persistent underlying pressures. [...]