KARACHI: The current account balance has recorded a deficit of $1.85 billion for the fiscal year 2020/21, according to the statistics of the balance of payment released by the State Bank of Pakistan (SBP) on Monday. The current account deficit; however, narrowed, compared with the deficit of $4.45 billion in the preceding fiscal year. The … Read more
The weekly inflation has increased in the country by 0.50%, in comparison with last week, the Pakistan Bureau of Statistics (PBS) stated in a report released on Friday. The Sensitive Price Indicator (SPI) result is based on weekly inflation of the combined consumption group, for the end of the week on May 06, said the … 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
The Pakistan Bureau of Statistics has released trade figures for 2019-20, which show that the trade deficit has narrowed to 23 billion. That’s 10 billion less than last year’s 31 billion trade deficit. Between July 2019 and June 2020, the trade deficit decreased by 27.11%. In one year, the trade deficit stood at 23.18 billion, … Read more
