Headline inflation contracts in March to 10.2pc

ISLAMABAD: The headline inflation has contracted to 10.2 percent in March 2020 as compared with inflation in the previous month. Pakistan Bureau of Statistics (PBS) on Wednesday said that Consumer Price Index (CPI) inflation increased by 10.2 percent on year-on-year basis in March 2020 as compared to an increase of 12.4 percent in the previous […]

by Mrs. Anjum Shahnawaz

Oil consumption falls by 40pc during coronavirus lockdown

Apr 1

Energy

Oil consumption falls by 40pc during coronavirus lockdown

KARACHI: The oil consumption during last 15 days of the current month has declined by an average 40 percent due to lockdown to control outbreak of coronavirus. Analysts at Topline Securities said that the oil consumption has declined to 26,000 tons/day compared to average consumption of 46,000 tons/day, which is due to the lockdowns announced […]

by Mrs. Anjum Shahnawaz