HBL Manufacturing PMI Falls Amid Stagflationary Headwinds
The HBL Manufacturing PMI came in at 49.9 during April 2026, down from 52.9 in the previous month, marking the first contractionary reading since October 2025, when widespread flooding disrupted activity. The latest data points to the emergence of broad-based stagflationary pressures emanating from Middle East War.
Read more






















