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  • Prices of tomatoes, cooking oil among 29 essential items to witness surge

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    [ad_1] — AFP/File KARACHI: Prices of 29 essential items including tomatoes, mustard oil, vegetable ghee, potatoes, cooking oil, etc., rose during the week ended October 21. Based on the Sensitive Price Index (SPI), the weekly inflation registered an increase of 1.38% for the combined income group going up from 159.26 points during the week ended…

  • IMF official sees energy prices spiralling down by early 2022

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    [ad_1] WASHINGTON: Rising energy prices are weighing on households but the recent spike is unlikely to fuel a 1970s-style oil crisis and should retreat early next year, IMF chief economist Gita Gopinath told AFP Tuesday. Energy prices collapsed last year amid the shutdowns imposed to contain the Covid-19 pandemic, but 2021 has brought a sharp…

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