KARACHI: A survey conducted by a research house revealed that the majority of the participants believe no change in key policy rate in the upcoming monetary policy announcement scheduled on September 20, 2021. Topline Research conducted a poll of key financial market participants on the expectations over the upcoming monetary policy announcement. At present, the … Read more
MOSCOW/DUBAI: The inflation rate in Saudi Arabia decelerated in August for the second month in a row, as the effects of the July 2020 tripling of the value-added tax (VAT) rate no longer weigh on spending, Arab News reported. The consumer price index (CPI), a gauge used to detect the changes in prices, recorded a … Read more
KARACHI: The headline or food inflation based on the Consumer Price Index (CPI) has increased 8.4 per cent on a year-on-year (YoY) basis in August 2021, compared with an increase of 8.4 per cent in the previous month and 8.2 per cent in August 2020, the Pakistan Bureau of Statistics (PBS) reported on Wednesday. On … Read more
KARACHI: The headline inflation based on the Consumer Price Index (CPI) increased 9.7 per cent on year-on-year (YoY) basis in June 2021, compared with an increase of 8.6 per cent in June 2020, according to the latest data released by the Pakistan Bureau of Statistics (PBS) on Thursday. The CPI inflation witnessed an increase of … Read more
KARACHI: With significant signs of economic recovery, the government would continue to follow the positive reforms momentum to boost the competitiveness of the country’s economy and lay a strong foundation for a more robust, inclusive and sustainable recovery. “Pakistan has shown significant signs of economic recovery with fast resumption of economic dynamism,” according to the … Read more
KARACHI: The headline inflation based on the Consumer Price Index (CPI) may remain around 10 per cent Year-on-Year (YoY) in June 2021, analysts said on Tuesday. The analysts at Insight Research estimated the CPI for June 2021 to arrive at 10.2 per cent against 10.8 per cent reported in May 2021. Similarly, urban CPI is … Read more
Former Pakistan fast bowler Shoaib Akhtar has advised Muhammad Amir to resolve disputes with Pakistan Cricket Board (PCB) and return to the national team. According to the reports, in a recent interview, the Rawalpindi Express said that Mohammad Amir is a great asset for Pakistan Cricket, and he should make a comeback to serve his … Read more
The National Price Control Committee has taken steps to control inflation, as per the directions of Prime Minister Imran Khan. The Prime Minister will chair the Price Control Committee meeting four times a month to ensure the supply of food items at government rates. It has also been decided to create cheap markets on a … Read more
The Bureau of Statistics released a weekly inflation report according to which Inflation rises to 2.41% in one week. According to the report of the Bureau of Statistics, inflation has increased by 2.41% in one week while the prices of 25 essential items have increased during this period. The report stated that prices of 5 … Read more
The Pakistan Bureau of Statistics (PBS) has said that the inflation rate in January fell to 5.65% from 8% in the previous month. The fall in prices of vegetables, pulses, eggs and chicken helped lower the Consumer Price Index (CPI), the bureau said in a statement. The statement said that Urban CPI recorded a decline … Read more
The Consumer Price Index (CPI) based monthly inflation reduced to 5.7 percent on year-on-year (YoY) basis during the month of January 2021. According to the data of Pakistan Bureau of Statistics (PBS), the CPI for the month of December 2020 was 8 percent. On month-on-month (MoM) basis, it decreased by 0.2% in January as compared … Read more
