HBL Manufacturing PMI Falls to 49.9 as Middle East Conflict Triggers Stagflationary Pressures in Pakistan
Pakistan’s manufacturing sector enters contraction for the first time since 2025 as the HBL PMI hits 49.9, driven by surging fuel costs and the US-Iran war.
HBL Manufacturing PMI Drops to 52.9 as Regional Conflict Strains Industrial Output
The HBL Pakistan Manufacturing PMI fell to 52.9 in March 2026, signaling a slowdown in industrial growth due to rising inflation and the impact of the US-Iran conflict.