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Tag: inflation

Inflation Pakistan

November Inflation Projected at 4.7%, Lowest Since April 2018

November 28, 2024November 28, 2024Shahnawaz Akhter

Inflation in Pakistan for November 2024 is projected to fall to 4.7% year-on-year (YoY), a significant drop from October’s 7.2%, according to analysts at Arif Habib Limited. This represents the lowest inflation rate since April 2018, when it stood at 3.96%.

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petroleum prices in pakistan

Petrol Prices in Pakistan Plunge by 23.51% Over Past Year

October 4, 2024October 4, 2024Shahnawaz Akhter

Islamabad, October 4, 2024 – Pakistan has witnessed a sharp decline in petrol prices, with the cost per liter plunging by a staggering 23.51% over the past year, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday. This marked reduction comes as a welcome respite for consumers amid fluctuating global oil […]

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Inflation Pakistan

Weekly Inflation Falls by 1.06% Following Petroleum Price Cut

May 17, 2024May 17, 2024Mrs. Anjum Shahnawaz

Islamabad, May 17, 2024 – Weekly inflation, as measured by the Sensitive Price Indicator (SPI), has witnessed a notable decline of 1.06% following a significant cut in petroleum prices, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday. The SPI for the week ending May 16, 2024, decreased by 1.06%, reflecting […]

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Pakistan bans old cars

Prices of Vehicles Decline by 3% in Saudi Arabia

May 15, 2024May 15, 2024Faisal Shahnawaz

The General Authority for Statistics of Saudi Arabia has revealed a notable decline in the prices of vehicles, marking a 3% decrease in April 2024 compared to the previous year.

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Inflation Pakistan

Pakistan Reports Notable Decrease in Weekly Inflation by 1.39%

May 10, 2024May 10, 2024Mrs. Anjum Shahnawaz

Pakistan observed a welcome decline in weekly inflation, with a decrease of 1.39 percent for the week ending May 9, 2024, compared to the prior week.

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Inflation Pakistan

Pakistan Sees 28.54% Surge in Inflation of Essential Items

April 19, 2024April 19, 2024Mrs. Anjum Shahnawaz

Islamabad, April 19, 2024 – Pakistan has experienced a significant surge of 28.54 percent in the inflation of essential items on a year-on-year (YoY) basis, according to official data released by the Pakistan Bureau of Statistics (PBS) on Friday.

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Inflation

New Zealand Reports 4% Annual Inflation

April 17, 2024April 17, 2024Faisal Shahnawaz

New Zealand’s consumer price index (CPI) based inflation saw a 4 percent increase in the 12 months leading up to the March 2024 quarter, marking the smallest rise since June 2021, as revealed by the statistics department Stats NZ on Wednesday.

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Inflation Pakistan

Pakistan Witnesses 33% Surge in Inflation as Ramadan Starts

March 15, 2024March 15, 2024Shahnawaz Akhter

Islamabad, March 15, 2024 – Pakistan has experienced a substantial 33 percent increase in inflation on a year-on-year (YoY) basis for the week ending March 14, 2024, according to official data released on Friday.

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Inflation

Inflation of Essential Prices in Pakistan Nears 45%

January 19, 2024January 19, 2024Shahnawaz Akhter

Islamabad, January 19, 2024 – Alarming data released by the Pakistan Bureau of Statistics (PBS) on Friday reveals that the inflation of essential prices in Pakistan has surged, nearing a staggering 45 percent.

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Inflation Pakistan

Sensitive Price Inflation Skyrockets by Over 44% in Pakistan

January 13, 2024January 13, 2024Mrs. Anjum Shahnawaz

Islamabad, January 13, 2024 – Alarming economic indicators continue to surface in Pakistan as the Sensitive Price Indicator (SPI) reports a staggering 44.16 percent year-on-year (YoY) inflation for the week ending January 11, 2024.

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