Tue, 21-Oct-2025

Turkey: Prices rise at fastest pace in 24 years.

Turkey

The annual rate of inflation in Turkey was 78.62 percent in June, slightly higher than expected. The Ukraine war contributed to some of the biggest price increases in housing and transportation. President Erdogan has called interest rates “the mother and father of all evil” for driving up prices. The most recent official statistics show that … Read more

UK economy shrinks again

UK economy

The UK economy could be destined for a downturn, causing the cost of living to skyrocket. A key business organization issues a grave warning about the country’s financial prospects in the coming year. The CBI’s prediction came just hours before official numbers proved that the economy dropped in April for the second time. The UK … Read more

Jobs crisis looms as boomers retire: Canada statistical agency

Canada

A lengthy-warned of hard work crunch as a result of growing old toddler boomers is looming, with a report quantity of Canadians set to retire, according to data from a 2021 census launched Wednesday. “Never before has the number of people nearing retirement been so high,” Statistics Canada said in a statement, with more than … Read more

Canada inflation jumps to 6.7%

Canada

Canadians paid 6.7 percent more for goods and services in March than a year earlier, the government statistical agency stated on Wednesday, mentioning the largest rise in inflation in ever three decades. The following inflation above 5 percent in  January and February, the March discern crowned economists’ expectations and caused predictions of every other hefty … Read more

Eurozone inflation soars to highest rate on record

Eurozone inflation

BRUSSELS: Eurozone inflation surged to its highest rate on record in November, fuelled by soaring energy prices, official data showed on Tuesday. Consumer prices picked up to 4.9 per cent from 4.1 per cent in the previous month, the highest reading since the official statistics agency Eurostat began compiling the data more than 20 years ago. … Read more

Spanish inflation soars to 29-year high

Spanish

MADRID: Spanish inflation accelerated in November to its highest level in nearly three decades on the back of rising food and gas prices, official data showed on Monday. Consumer prices jumped 5.6 per cent, up from a 5.4 per cent increase in October, according to the preliminary figures from the national statistics institute. That is its … Read more

Pakistan’s external debt, liabilities rise $13 billion in a year

Pakistan’s external

KARACHI: Pakistan’s external debt and liabilities have increased $13 billion, or 11.4 per cent, during the last one year, according to the statistics released by the State Bank of Pakistan (SBP) on Thursday. The outstanding debt and liabilities of the country stood at $127 billion by September 2021, compared with $114 billion over the same … Read more

Saudi non-oil exports up 17.9% in July

Machinery

RIYADH: The Saudi non-oil exports increased 17.9 per cent on a year-on-year basis in July 2021, rising to SR20.8 billion from SR17.6 billion in July of the last year, Arab News quoted official data, as showing. According to the General Authority for Statistics, overall merchandise exports increased 79.6 per cent during the same period, when … Read more

PM Khan ranks among World’s Top Leadership

Ehsaas Kifalat programme

Pakistani Prime Minister Imran Khan  proved himself the most influential leaders of world in 2019. The time has changed now and political leaders focus on social media to reach their supporters directly, an agency shows the most powerful Twitter user ranking of this year. According to the Twiplomacy released the ranking the powerful Twitter leaders … Read more

Weekly inflation falls 0.83pc

Weekly inflation falls 0.83pc

The Sensitive Price Index (SPI) based inflation for combined income group during the week ended on December 5, 2019 has witnessed the scaling down of 0.83 percent against November 28, 2019. It came down from 131.87 points to 130.77 points, according to data released by Pakistan Bureau of Statistics (PBS). According to the PBS, the … Read more

Mobile phones commercial imports shoot up by 110%

Mobile phones commercial imports shoot up by 110%

The successful implementation of the new mobile phone registration system, introduced by the Pakistan Telecommunication Authority (PTA), has resulted in a significant increase in commercial imports of mobile phones. According to statistics available with the media, commercial import of mobile phones has increased by 110 per cent in one year. In the year 2018, 9,564,424 … Read more