Karachi, June 2, 2023 – Pakistan’s import bill experienced a substantial increase of 43% in May 2023, reaching $4.28 billion compared to $2.99 billion in the previous month, according to official statistics released on Friday. In contrast, exports recorded a nominal increase, reaching $2.19 billion in May 2023 compared to $2.14 billion in April 2023.
Pakistan’s economy has been hit hard as the country’s exports fell by 12% during the first ten months of the current fiscal year, according to data released by the Pakistan Bureau of Statistics.
ISLAMABAD: Inflation based on sensitive price indicator (SPI) has climbed up by around 47 per cent year on year (YoY) week ended March 22, 2023, Pakistan Bureau of Statistics (PBS) said on Friday.
ISLAMABAD: Pakistan’s inflation based on Sensitive Price Indicator (SPI) recorded an increase of 42.27 per cent year on year (YoY) by week ended March 9, 2023.
ISLAMABAD: Pakistan’s trade deficit contracted by 33 per cent to $21.3 billion during first eight months (July – February) of fiscal year 2022-2023, according to official numbers released on Friday.
KARACHI: Trade deficit of Pakistan narrowed by 32 per cent during first seven months of the current fiscal year 7MFY23, according to official data released on Thursday.
ISLAMABAD: Pakistan’s headline inflation based on Consumer Price Index (CPI) increased by 27.6 per cent in January 2023, said Pakistan Bureau of Statistics (PBS) on Wednesday.
KARACHI: Pakistan has imported mobile phones worth $363 million during first half (July – December) of fiscal year 2022-2023 despite fact of worth foreign exchange crisis in the country.
ISLAMABAD: Prices of essential items have increased by 32 per cent ahead of monetary policy announcement, which is scheduled for January 23, 2023.
ISLAMABAD: Pakistan’s exports have declined by 5.8 per cent in the first half (July – December) of fiscal year 2022-2023, according to official trade data released on Tuesday.