October 2023 Sees Second Consecutive Week of Inflationary Trends
Karachi, October 13, 2023 – Pakistan has experienced a continued surge in inflation for the second consecutive week of October 2023, despite a significant reduction in petroleum prices during the first half of the month.
(more…)Islamabad, October 6, 2023 – Pakistan has reported a significant surge in inflation for essential items, with a staggering increase of 37.07 percent, primarily driven by a massive 118 percent rise in electricity charges, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.
(more…)Karachi, October 2, 2023 – Official data released on Monday by the Pakistan Bureau of Statistics (PBS) reveals a sharp increase in headline inflation, which soared to 31.4 percent on a year-on-year basis in September 2023.
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Karachi, October 2, 2023 – Pakistan has taken significant steps to combat inflation and stabilize its economic outlook. Recent administrative measures aimed at improving the availability of essential food commodities and addressing supply constraints are yielding positive results, according to the Ministry of Finance’s monthly economic report.
(more…)Karachi, September 15, 2023 – In an unexpected revelation, official statistics indicate that Pakistan has experienced a remarkable 22 percent decline in electricity charges.
(more…)Karachi, September 8, 2023 – Alarming data released by the Pakistan Bureau of Statistics (PBS) on Friday reveals that the prices of wheat flour and sugar have doubled over the past year, adding to the economic challenges faced by the nation.
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Karachi, September 1, 2023 – Traders in Karachi observed a citywide shutdown on Friday in a collective protest against inflated electricity bills and the relentless rise in inflation. The protest action resulted in the closure of wholesale and major markets across the city.
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Islamabad, September 1, 2023 – Startling official statistics reveal that the prices of essential commodities, including wheat flour, sugar, and tea, have surged to nearly double their previous rates over the past year, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.
(more…)Karachi, August 31, 2023 – The substantial increase in the prices of petroleum products and food items is poised to fuel inflation for August 2023.
(more…)Islamabad, August 25, 2023 – The Pakistan Bureau of Statistics (PBS) has reported a slight uptick in inflation by 0.05 percent for the week ending August 24, 2023.
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