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Gold Hits New High in Pakistan

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KARACHI: Gold prices in Pakistan witnessed a sharp and historic rise on Friday, hitting new record levels in the local bullion market. According to the All Pakistan Gems and Jewellers Association(APGJA), the price of per tola gold soared by Rs14,100, reaching an all-time high of Rs456,900. Similarly, the rate of 10 grams of gold increased … Read more

Weekly inflation rises in Pakistan; annual rate reaches 4.57%

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Weekly inflation

ISLAMABAD: The weekly inflation rate in Pakistan increased by 0.49%, according to the latest report released by the Pakistan Bureau of Statistics (PBS). As per the PBS data, the overall annual inflation rate now stands at 4.57%. During the week under review, prices of 24 essential commodities increased, 8 items became cheaper, while rates of … Read more

Pakistan’s Gold Imports Rise by 19.82% in Four Months

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Gold Rate in Pakistan Today - 29 May, 2025

ISLAMABAD: Pakistan’s gold imports surged by 19.82% during the first four months of the current fiscal year compared to the same period last year, as per data released by the Pakistan Bureau of Statistics (PBS). From July to October 2024-25, gold imports were valued at $10.644 million, up from $8.883 million during the same period … Read more

Textile Exports See 10.44% Increase in First Four Months of FY 2024-25

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Textile Exports

Pakistan’s Textile Exports Grow by 10.44% in Q1 2024-25. Textile exports reached US $6,146.1 million from July to October 2024. Key textile products included cotton cloth, knitwear, bedwear, and towels. ISLAMABAD: Pakistan’s textile exports have grown by 10.44 percent during the first four months of the current financial year (2024-25), as compared to the same … Read more

Petroleum Imports in Pakistan See Modest Growth in 4MFY25

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Petroleum Imports

Pakistan’s Petroleum imports in fiscal year 2024-25 (July-October). Pakistan’s Petroleum imports grow marginally. Petroleum imports increased by 1.68% in the first four months. ISLAMABAD – Pakistan’s petroleum imports saw a modest increase of 1.68% during the first four months of the fiscal year 2024-25 (July-October), reaching $5.113 billion compared to $5.029 billion in the same … Read more

Weekly Inflation Drops to 4%, Lowest Level Since 2018

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Weekly Inflation

Price hikes were noted in pulse gram, pulse moong, powdered milk, beef, onions, and garlic. Wheat flour, chili powder, diesel, and petrol saw significant price drops. Week-on-week inflation rose by 0.55% due to increases in tomatoes, eggs, garlic, and LPG. The Sensitive Price Index (SPI) inflation for the week ending November 14, 2024, showed a … Read more

Pakistan’s services exports rise by 0.13% in July-August 2024

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Pakistan services exports

ISLAMABAD: The export of services in Pakistan recorded a slight increase of 0.13 percent during the first two months of the fiscal year (July-August 2024) compared to the same period last year, as per data from the Pakistan Bureau of Statistics (PBS). Pakistan earned $1.252 billion from services exports in July-August 2024, up from $1.250 … Read more

Total population of Pakistan stands at 241.49 million: PBS census 2023

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Total population of Pakistan stands at 241.49 million: PBS census data

ISLAMABAD: Pakistan Bureau of Statistics (PBS) has launched the detailed results of the 7th Population and Housing Census-2023. According to the Census data, total population of the country stands at 241.49 million with 51.48 percent males and 48.51 percent females showing a gender ratio of 106.12. The average number of family members in Pakistan is … Read more

PBS provide census data to ECP for election preparations

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census

ISLAMABAD: Pakistan Bureau of Statistics (PBS) has provided all requisite information related to the 7th Population and Housing Census to the Election Commission of Pakistan (ECP) “The information includes gazette notification of Census Charges, Circles and Blocks, colour prints of Digitized maps of 1,85,514 Blocks, Circles and Charges (excluding Sindh) and Census Block wise data … Read more

Weekly inflation up by 0.96pc to 45.64pc

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Weekly inflation in Pakistan

ISLAMABAD: The weekly inflation, measured by Sensitive Price Indicator (SPI), witnessed an increase of 0.96 percent for the combined consumption group during the week ended on March 16, the Pakistan Bureau of Statistics (PBS) reported on Friday. The SPI for the week under review in the above-mentioned group was recorded at 246.22 points as compared … Read more

Withdrawal of power sector subsidy will dwindle exports: Irfan Iqbal Sheikh

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Withdrawal of
  • He said Pakistani exports have declined by a hefty 18.67% in Feb.
  • President FPCCI government is not willing to accept the ground realities.
  • He said textile industry is suffering on multiple problems in the country.

KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has forewarned that the abrupt withdrawal of power sector subsidy to appease IMF is set to decrease exports even further; which have already in decline for the last 6 months consecutively, i.e. August 2022 – February 2023 as per the numbers released by Pakistan Bureau of Statistics (PBS).

Irfan Iqbal Sheikh added that, as per the latest statistics, Pakistani exports have declined by a hefty 18.67 percent in February 2023 on a YoY matrix from $2.83 billion in February 2022 to $2.31 billion in February 2023; whereas, the government is not willing to accept the ground realities and trying to make us believe that the decline is merely in the vicinity of 10 percent.

Irfan Iqbal Sheikh mentioned that the aforementioned power subsidy had to end by June 2023 with a tangible possibility of renewal or renegotiation. However, the government has withdrawn it in the most harmful manner to the export-oriented industries.

FPCCI Chief apprised that textiles & its allied products have the lion’s share in the country’s exports and they have achieved the number of $19.3 billion exports in FY22 through their sheer hard work, entrepreneurship, competitiveness and resilience in the face of COVID-induced challenges as well.

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CM urges every individual to count himself or herself in census

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CM urges
  • This he said while speaking at the Sindh Literature Festival.
  • He said that the 7th Housing and Population Census kicked off.
  • He said first time that the census process was being done digitally.

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has urged the people of the province to come forward and get every individual counted because this is a national duty and would help the government to provide facilities to the population based on details of people and their socio-economic conditions as recorded in the process of the census.

This he said while speaking at the Sindh Literature Festival organized at Pakistan Arts Council, Karachi on Friday. He was accompanied by Minister Culture Syed Sardar Shah.

Mr. Shah said that the 7th Housing and Population Census has been started in the entire country and would continue till April 1, 2023. He added that this was the first time that the census process was being done digitally in which details of houses and individuals were being recorded and registered online and on digital devices – tablets.

Mr. Shah said that the Pakistan Bureau of Statistics (PBS) has also introduced the method of self-enumeration through which any member of a family can log in to the PBS website – self.pbs.gov.pk through a mobile phone or computer and enter details of family and household.

The CM said that for self-enumeration one has to reach the PBS website to register by providing the name of the mobile service company, mobile number, the name of the district, and Taluka. The website would ask the registering person to create a password and confirm it,” he explained the procedure and said once information was entered, a one-time password (OTP) would be sent to your given mobile number through a text message from 9272.

Upon receiving the OTP, one has to log in again by using the OTP within five minutes, the CM said and added upon login, the census form would open up to fill in. the required spaces with accurate information.

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In July-May, trade deficit grew to 43 billion dollars

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Pakistan’s trade deficit increased to $43.3 billion in the first 11 months of this fiscal year, with imports topping $72 billion. Exports fell to $2.6 billion in May, reversing a downward trend from the previous month. The central bank’s foreign currency reserves have been steadily declining. According to PBS, imports climbed 44 percent to $72.2 … Read more

Textile exports hit record high of $12.6 billion in eight months of FY22

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textile exports

KARACHI: Pakistan’s textile exports witnessed an increase of 26 per cent to hit a record high of $12.6 billion in the first eight months of the fiscal year 2022, the Pakistan Bureau of Statistics (PBS) reported on Wednesday.  In rupee terms, the exports witnessed an increase of 33 per cent to 2.15 trillion during the … Read more

Exports grow by 25.88% to $20.547bn in seven months

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ISLAMABAD: The exports from the country witnessed an increase of 25.88 per cent during the first seven months of the current fiscal year (2021-22) as compared to the corresponding months of last year, the Pakistan Bureau of Statistics (PBS) reported. Read more: Pakistan’s exports to China setting records this year: official According to PBS data, … Read more

The hardest hit

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inflation

KARACHI: The global wave of inflation has hit Pakistan hard. The low-income segment of the society has particularly been affected by the sharp rise in the prices of basic kitchen items. The average inflation based on the Sensitive Price Indicator (SPI) increased 18.09 per cent on a year-on-year basis by the week ended February 18, … Read more

Uncertainty in global oil market may keep rupee unstable

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rupee

KARACHI: The rupee is expected to remain unstable next week, owing to the uncertainty in the international oil prices and a surge in the domestic demand for imported goods, analysts said. The local currency remained dependent on the movement of international oil prices during the outgoing week. It lost 39 paisas against the dollar during … Read more

Headline inflation hit two-year high of 13% in January

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inflation

KARACHI: The headline inflation based on Consumer Price Index (CPI) hit two-year high of 13 per cent in January 2022. The CPI inflation general increased by 13 per cent on year-on-year basis in January 2022, as compared to an increase of 12.3 per cent in the previous month and 5.7 per cent in January 2021, … Read more

Textile sector set to post earning

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textile sector

KARACHI: The textile sector is set to announce second quarter of FY22 ended December 31, 2021 result and we foresee improvement in the earnings, amid strong order book, low cost inventory and currency depreciation. We expect the margins to expand as the companies were able to increase the prices in the international market. The textile … Read more

Pharmaceutical imports clock-in at $3b in 6 months

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pharmaceutical imports

KARACHI: The pharmaceutical imports, including Covid vaccines surged 475 per cent to $3 billion during the first six months of the current fiscal year, compared with $539 million in the same period of the last year, according to the data issued by the Pakistan Bureau of Statistics (PBS). “The government is currently importing Covid-19 vaccines … Read more

Exports of services rise by 22.94% in 5 months

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Exports

ISLAMABAD: The exports of services from Pakistan witnessed an increase of 22.94 per cent during the first five months of financial year 2021/22 as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported. The exports of services during July-November 2021/22 were recorded at $2720.94 million against the exports of $2213.16 … Read more

Food inflation rises to 22-month high of 12.3% in December

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Food inflation

KARACHI: The headline or food inflation based on the Consumer Price Index (CPI) has increased to a 22-month high of 12.3 per cent in December 2021, according to the inflation numbers released by the Pakistan Bureau of Statistics (PBS) on Saturday. The CPI inflation rose 12.3 per cent on a year-on-year basis in December 2021, … Read more

CPI inflation projected to average 11% in FY22

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CPI inflation

Targeting 53,000 points by December 2022, Arsalan Soomro at KASB Securities project earnings growth of 12 per cent and a dividend yield of 6 per cent. Moreover, the index has the potential to re-rate once issues relating to the cash-starved energy chain are appeased. After considerable signs of economic overheating, the government and the central … Read more

Large-scale manufacturing decline 1.2% in October

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LSMI

KARACHI: Large-scale manufacturing industries (LSMI) in October, 2021 showed big industry output inched down 1.2 per cent year-on-year, Pakistan Bureau of Statistics (PBS) data showed. “On yearly basis in October 2021, the decline in production of non-metallic mineral products i.e., cement declined 13.2 per cent, pharmaceuticals i.e., tablets 23.1 per cent, capsules 44.4 per cent … Read more

Large-scale manufacturing grows 3.56 per cent in 4 months

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LSMI

ISLAMABAD: The large-scale manufacturing industries (LSMI) production grew 3.56 per cent during the first four months of the current fiscal year, compared with the corresponding period of the last year, Pakistan Bureau of Statistics (PBS) reported. The LSMI Quantum Index Number (QIM) was recorded at 140.50 points during July-October (2021/22) against 135.66 points during July-October … Read more

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