Trade deficit narrows by 13.62 percent in eleven months

ISLAMABAD: The trade deficit has narrowed by 13.62 percent in first eleven months owing to measures taken by the government to increase the cost of imported luxury and non-essential goods. Read more »

Pakistan imports cell phones worth Rs84.2 billion in ten months

KARACHI: Pakistan has imported mobile phones worth Rs84.2 billion during July – April 2018/2019 despite serious economic difficulties in the country. Read more »

Pakistan’s trade deficit narrows by 13pc in 10 months

KARACHI: Pakistan’s trade deficit has narrowed by 13 percent during first 10 months (July – April) 2018/2019 owing to significant fall in import bill, according to trade data released by Pakistan Bureau... Read more »

Headline inflation increases by 8.8 percent in April 2019

ISLAMABAD: The headline inflation has surged by 8.8 percent on year on year (YoY) in April 2019 as compared to an increase of 9.4 percent in previous month and 3.7 percent in... Read more »

Inflation increases by 17.15pc for higher income group

KARACHI: The prices of essential items has increased by 17.15 percent for higher income group above Rs35,000, according to weekly Sensitive Price Indicator (SPI) issued by Pakistan Bureau of Statistics (PBS). Read more »

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 »