Overview
- Pakistan’s National Accounts Committee, meeting Thursday, reported Q2 FY26 growth of 3.89% led by a 7.4% jump in industry.
- Services grew 3.69% and agriculture edged up 1.76% as major crops contracted and livestock, forestry, and fishing offset some of the drag.
- A State Bank representative pressed for an actual wheat number, but the statistics office said harvesting is still incomplete even though sown area rose 3.4%.
- The statistics office revised Q1 FY26 growth down to 3.63% and trimmed FY2023-24 and FY2024-25 estimates, putting first-half FY26 growth at 3.76%.
- Authorities kept a 4.0%–4.5% full-year outlook and a 4.2% target, though household surveys report poverty at 29% and unemployment at 7.1%.