Car import plunges by 80 percent on payment in foreign exchange condition

KARACHI: The import of completely built unit (CBU) cars has sharply declined by 80 percent in March 2019 owing to mandatory requirement of paying duty and taxes through foreign exchange. Read more »

Essential items’ prices inflate for three consecutive weeks in April

ISLAMABAD: The prices of essential items have shown increase for the third consecutive week in the current month indicating the high headline inflation for April 2019. Read more »

Sensitive price inflation grows by 12.02 percent

KARACHI: The prices of essential items have registered 12.02 percent growth by week ended April 11, 2019 as compared with corresponding week last year, according to data released by Pakistan Bureau of... Read more »

Trade deficit contracts by 13.02 percent to $23.67 billion in nine months

ISLAMABAD: Pakistan’s trade deficit has contracted by 13.02 percent during first nine months (July – March) 2018/2019 due to significant decline in import bill in the same period, according to trade data... Read more »

Headline inflation increases by 9.4pc in March

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 9.4 percent on year-on-year basis in March, 2019 as compared to an increase of 8.2 percent in the previous... Read more »

Mobile phones import down by 22.15 percent on mandatory registration

KARACHI: The import of mobile phones has declined by 22.15 percent in February 2019 following imposition of mandatory registration with regulatory authority, said Pakistan Bureau of Statistics (PBS) on Saturday. Read more »

Trade deficit narrows by 11 percent in eight months

ISLAMABAD: The trade deficit has narrowed by 11 percent during first eight months of current fiscal year owing decline in import bill, Pakistan Bureau of Statistics (PBS) said on Tuesday. Read more »

Prices of essential items increase by 11.72 percent: PBS

KARACHI: The prices of essential items increased by 11.72 percent by week ended March 07, 2019 when compared with the same week last year, according to data released by Pakistan Bureau of... Read more »

Headline inflation rises by 8.2 percent in February

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) increased by 8.2 percent on year-on-year basis in February 2019 as compared to an increase of 7.2 percent in the previous month. Read more »

SPI inflation increases by 10.63 percent

ISLAMABAD: The inflation based on Sensitive Price Indicator (SPI) has increased by 10.63 percent by week ended February 28, 2019 as compared with the corresponding week a year ago, according to details... Read more »

Oil import bill soars to $8.68 billion in July –January

ISLAMABAD: The oil import bill has surged to $8.68 billion due to significant increase in import of liquefied natural gas (LNG), according to data released by Pakistan Bureau of Statistics (PBS). Read more »

Pakistan imports mobile phones worth Rs55 billion in seven months

ISLAMABAD: Despite the government’s effort to curtail import bill the country imported mobile phones worth Rs55 billion during first seven months of current fiscal year. Read more »