ISLAMABAD: The government is signaling a potential rise in inflation for the coming fiscal year’s budget (2025-26). It’s predicting the average inflation rate, based on consumer prices, could hit 7.5 percent. That’s quite a jump from the current fiscal year’s forecast of 5 percent. The Planning Ministry has also sounded an alarm. They’re warning that … Read more
TOKYO: Japan’s core consumer prices edged up year-on-year in December for the fourth month running, buoyed partly by higher energy prices, government data showed on Friday. The core consumer price index, which excludes volatile fresh food prices but includes fuel costs, was up 0.5 per cent in December, following similar rises from September to November. The … Read more
ISLAMABAD: The Asian Development Bank (ADB) on Tuesday projected higher inflation in Pakistan, compared with other regional countries and revised down the economic growth outlook for developing Asia slightly to 7 per cent this year and 5.3 per cent next year. The ADB revised the projections after renewed outbreaks of the coronavirus (Covid-19) led to … Read more
