SBP projects GDP growth in range of 1.5-2.5 percent with high consumer prices in FY21

KARACHI: The State Bank of Pakistan (SBP) on Tuesday projected GDP growth in the range of 1.5-2.5 percent with higher than targeted consumer prices for the current fiscal year FY21 (2020/2021). The... Read more »

Inflation is one of main challenges: finance ministry

ISLAMABAD: The ministry of finance has said that economic growth is showing persistent recovery but the inflation is one of the main challenges. According to monthly economic update issued on Tuesday, the... Read more »

Headline inflation growth slows in February 2020

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has contracted at 12.4 percent in February 2020 as compared with 14.6 percent in January 2020. Read more »

PBS rules out fudging in inflation figures

ISLAMABAD: Pakistan Bureau of Statistics (PBS) on Saturday ruled out fudging in inflation figures as reported in some section of electronic and print media. Read more »

Sensitive price inflation increases by 17.58pc

KARACHI: The prices of essential items have registered 17.58 percent increase by week ended February 06, 2020 when compared with corresponding week last year, according to data released by Pakistan Bureau of... Read more »

Finance ministry hopes ease in inflation in coming days

ISLAMABAD: Ministry of Finance has said that the outcome of stabilization policies, agriculture sector interventions, rigorous monitoring at federal/provincial levels and favourable weather will bring in better results in easing out inflation... Read more »

46 essential consumer items out of 51 register price hike in one year; prices go up to 116.82%

ISLAMABAD: About 46 essential consumer items out of 51 have registered increase in prices during past one year showing the inflationary pressure on the masses. Read more »

Policy rate likely unchanged on high inflation

KARACHI: The State Bank of Pakistan (SBP) likely to keep policy rate unchanged due recent surge in inflation, analysts said on Thursday. 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 »