inflation
-
Inflation spikes on food, energy costs | The Express Tribune
.
[ad_1] KARACHI: The weekly inflation reading ticked up 0.04% due to a hike in food and energy prices in the week ending February 22, ending the downturn recorded in the past three consecutive weeks. According to Pakistan Bureau of Statistics’…
-
Gas price surge expected to propel inflation to 25% | The Express Tribune
.
[ad_1] KARACHI: The latest hike in gas and petroleum oil prices for households and industrial consumers in February is estimated to increase the inflation rate by almost half a percentage point to around 25% in the current fiscal year 2023-24,…
-
Inflation to stay at 28.5% despite ‘economic stabilisation’ | The Express Tribune
.
[ad_1] ISLAMABAD: Two days after the central bank elevated its inflation forecast, the federal government on Wednesday significantly upwardly revised its projection, stating that inflation may remain around 28.5% in January due to food supply shocks. In its flagship monthly…
-
Inflation spikes to 43.79% YoY | The Express Tribune
.
[ad_1] KARACHI: The week ending January 25 witnessed a sharp surge of 43.79% in inflation, as measured by the Sensitive Price Indicator (SPI), compared to the same week last year. The rise, driven by increased energy and food prices, has…
-
Stocks slip over high inflation reading | The Express Tribune
.
[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Tuesday experienced a downturn, following a highly bullish session a day ago, primarily owing to dismal data revealing that the Consumer Price Index (CPI) surged to 29.7% year-on-year (YoY) in December 2023. In…
-
Pakistan’s inflation likely to ease in range of 20-22% in FY24
.
[ad_1] People show their NICs to receive free bags of flour from a delivery truck at a distribution point in Lahore on March 20, 2023. — AFP Pakistan’s inflation will ease around 20-22% in the financial year 2023-24, weeks ahead…
-
‘Inflation stubborn at 29.2% in December 2023’ | The Express Tribune
.
[ad_1] KARACHI: A domestic research house has projected Pakistan’s inflation reading to stubbornly remain at an elevated level of 29.2% in the outgoing month of December 2023, significantly higher than the Ministry of Finance’s forecast of 27.5-28.5% for the month….
-
US trade deficit widens in Oct as exports fall amid inflation curbs — What’s next?
.
[ad_1] A container ship enters the Port of Los Angeles in San Pedro, California, US on Feb, 1, 2021. — AFP/File The world’s largest economy’s total trade deficit increased by 5.1% to $64.3 billion in October, up from a revised…
-
‘Rs5,000 note behind skyrocketing inflation, corruption’
.
[ad_1] A dealer counts banknotes of Rs5000 at a currency market in Pakistan. — AFP/File ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Senator Mohsin Aziz demanded the caretaker federal government discontinue the Rs5,000 currency note to put an end to the menace of…
-
US Fed keeps interest rates at 22-year high in attempt to curb inflation
.
[ad_1] Security personnel walk past the US Federal Reserve building in Washington, DC on Oct 22, 2021.— AFP In an effort to curb persistent inflation without weakening the robust economy, the US Federal Reserve decided on Wednesday to keep interest…
