inflation
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Consumer price inflation slows to 23.8% | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan’s annual consumer price inflation slowed to 23.8% in November from 26.6% a month earlier, the statistics bureau said on Thursday, days after the central bank unexpectedly hiked policy rates. Prices were up 0.8% in November from the…
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July-Sept inflation stands at 25.1%: finance ministry
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[ad_1] In its report, the finance ministry says that climate-induced flooding across Pakistan has destroyed agriculture. โ AFP/File ISLAMABAD: Inflation was recorded at 25.1% during the first quarter of the fiscal year 2022-23 compared to 8.6% in the same period…
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Electricity prices drive Pakistan’s weekly inflation over 4%
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[ad_1] A vendor gestures to a customer at a local market in Lahore on August 29, 2022, amid a big hike in prices of food items in the wake of massive floods in Pakistan. โ AFP/File KARACHI: Sensitive price index-based…
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US inflation persists, higher in September over prior month
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[ad_1] People shop at a store in Rosemead, California, US, June 28, 2022. โ AFP/File NEW YORK: US inflation jumped more than expected in September, according to government data released Thursday, in the latest sign that pricing pressures have become…
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IMF warns against ‘costly’ tax cuts to fight inflation
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[ad_1] The International Monetary Fund (IMF) logo is displayed outside its headquarters in Washington, DC, on October 8, 2022. โ AFP WASHINGTON: Soaring food and energy prices are raising the risk of social unrest, but attempting to tame costs through…
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Ishaq Dar vows to tame inflation and cut interest rates | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan’s new finance minister Ishaq Dar said on Wednesday he will work to rein in inflation while cutting interest rates, saying the rupee was undervalued and promising a strong response to the South Asian nation’s worst economic crisis….
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Ishaq Dar tasked to control dollar, bring down inflation
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[ad_1] PML-N leader Ishaq Dar before departure to Pakistan.ย LONDON: PML-N supremo Nawaz Sharif has tasked his close aide and partyโs finance guru, Ishaq Dar, to control the rising dollar rate and bring down inflation that has affected the government…
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Inflation may accelerate to 15.5% | The Express Tribune
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[ad_1] ISLAMABAD: The Ministry of Finance said on Wednesday that the inflation rate in June could accelerate and reach 15.5%, which would be the highest in the past 12 and a half years, reflecting the adverse impact of increase in…
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Indian rupee hits record low amid โsustained inflationโ | The Express Tribune
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[ad_1] MUMBAI: The Indian rupee hit record lows against the USย currency on Tuesday after higher oil prices raised concerns of sustained inflation, although intermittent dollar selling by the central bank helped limit losses. The partially convertible rupee was trading at…
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US recession would be ยดnecessary priceยด to defeat inflation: IMF chief
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[ad_1] IMF managing director Kristalina Georgieva said the US must fight inflation, even if that means some pain in the short term. Photo: AFP/File WASHINGTON: With inflation rising sharply, and the Federal Reserve raising interest rates, the United States is…






