Inflation Tops List of Concerns for Businesses in Q3, Gallup Pakistan Survey Shows

Karachi, A recent survey conducted by Gallup and Gilani Pakistan has revealed that, similar to Q2 2023, inflation remains the most commonly cited problem for businesses in Q3, with over 1 in 4 businesses expressing a desire for government intervention to address this issue. Additionally, the proportion of businesses seeking government solutions for problems like loadshedding, taxes, and political instability has increased.

According to Gallup Pakistan, The survey, which included a nationally representative sample of businesses from across Pakistan, posed the question: “Which problems affecting your business considerably would you want the government to solve?” In response, 41% of the businesses identified ‘Inflation’ as their primary concern, while 18% cited a need for ‘Relief on utility bills,’ 8% expressed concern over the ‘Devaluation of Pakistani currency,’ and 3% highlighted the issue of ‘Inconsistency of Government policy.’

The findings underscore the significance of addressing inflation as a top priority for businesses, as it continues to impact the economic landscape and shape businesses’ expectations from the government.