inflation
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War and inflation threaten world economy
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[ad_1] — AFP/File PARIS: The world economy’s fragile recovery from the COVID-induced crisis is now threatened by Russia’s war in Ukraine and soaring commodity prices. Here are four questions regarding the risks to global GDP: Will growth stall? “The war happened right at a time when Europe and the US had a recovery that was…
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Inflation, jobs continue to remain top concerns | The Express Tribune
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[ad_1] ISLAMABAD: After three-and-a-half-year rule of Pakistan Tehreek-e-Insaf (PTI) government that came to power on the promise of creating 10 million jobs, unemployment has remained the second-biggest concern for the Pakistanis after inflation, according to a new opinion poll. Unemployment and inflation have been the top issues of concern for the Pakistanis consistently since August…
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Inflation eases to 12.2% in February | The Express Tribune
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[ad_1] ISLAMABAD: The inflation rate eased to 12.2% in February 2022 due to the slow pace of increase in prices of non-food items but food inflation rose again on the back of surge in prices of perishable goods, the Pakistan Bureau of Statistics (PBS) reported on Tuesday. There was a significant rise in prices of…
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With Russia-Ukraine war, inflation to rise further | The Express Tribune
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[ad_1] KARACHI: Experts have agreed that inflation in Pakistan is expected to spike further following the Russian invasion of Ukraine. Talking to The Express Tribune, Pakistan Business Council (PBC) CEO Ehsan Malik said that Pakistan was already struggling to deal with the surge in global commodity prices and the conflict between Russia and Ukraine would…
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Wage hike will lift inflation: Baqir | The Express Tribune
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[ad_1] ISLAMABAD: The government’s plan to provide solace to the inflationbitten segments of society faces execution challenges, as the central bank governor has warned about further rise in inflation by over 2% due to increase in minimum wages. The proposal to provide subsidised petrol to motorcyclists has also been termed impractical due to chances of…
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Ukraine crisis and inflation | The Express Tribune
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[ad_1] KARACHI: Covid and its various strains showed the impact of globalisation and the butterfly effect in action. With the world becoming a global village, supply side disruptions caused their impact across borders and continents. The real face of capitalism emerged as producers stockpiled raw material and build reserves to ensure that the supply chain…
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Hungary hopes inflation will dip below 6% | The Express Tribune
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[ad_1] BUDAPEST: Hungary’s government hopes inflation will ease back below 6% by the end of 2022 paving the way for a phasing out of price caps on basic foods, fuel and mortgages, Prime Minister Viktor Orban said on Saturday. Inflation, which hit a near 15-year high of 7.9% at the start of the year, plus…
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‘Euro zone may have turned page on low inflation’ | The Express Tribune
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[ad_1] FRANKFURT: The ultra-low inflation seen in the euro zone until recently is unlikely to return even after the pandemic is over, European Central Bank’s Chief Economist Philip Lane said, citing changes in the global economy among other factors. Lane had dismissed the notion of a new era for inflation until recently but he has…
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Market watch: Stocks extend losses over inflation concerns | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange extended losses on Thursday as the KSE-100 index shed 244 points, driven by pessimism over fuel price hike coupled with announcement of poor corporate results by some companies. The market was reeling from the sharp spike in prices of petroleum products, which sparked fears of acceleration in the inflation rate.…
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UK annual inflation hits fresh 30-year high
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[ad_1] A customer shops for meat at a Sainsbury’s supermarket in Walthamstow, east London on February 13, 2022. UK annual inflation struck 5.4% in December, stoking fears of a cost-of-living squeeze as wages fail to keep pace. — AFP LONDON: UK annual inflation has hit the highest level since 1992, data showed Wednesday, adding pressure…
