JS Securities Limited – JS Research (July 27, 2022)
Karachi, July 27, 2022 (PPI-OT): Autos: What to expect from the recent price hikes Looking back, as a result of 25%/27% PKR depreciation between 2018-2020 vs. US$/JPY respectively, along with imposition of taxes, auto makers resided to aggressive price hikes in the range of 28%-44% similar to what we have seen recently. We present changes…
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