Sep 9

Pakistan raises petroleum prices by 100% in one year

ISLAMABAD: Pakistan has increased prices of petroleum products by around 100 per cent during past one year, according to official data released on Friday. According to data released by Pakistan Bureau of Statistics (PBS), the price of petrol was increased by 99 per cent to Rs236.98 per liter by week ended September 08, 2022 as […]

by Anjum Shah

Pakistan trade deficit narrows by 17% in 2MFY23

Sep 2

Finance, Top stories

Pakistan trade deficit narrows by 17% in 2MFY23

ISLAMABAD: Trade deficit fell by 17.13 per cent during first two months (July – August) 2022/2023 2MFY23, owing to fall in import bill, according to data released by Pakistan Bureau of Statistics (PBS) on Friday. The statistics revealed that the trade deficit for the period July – August 2022/2023 was at $6.27 billion as compared […]

by Anjum Shah

Pakistan’s headline inflation hits 47-year high in August 2022

Sep 1

Finance, National, Top stories

Pakistan’s headline inflation hits 47-year high in August 2022

ISLAMABAD: The headline inflation in Pakistan has recorded 47-year at 27.3 per cent in August 2022. This is a 47-Year high after 1975 and has crossed peak levels of global financial crisis 2008 of 25.3 per cent, according to Fahad Rauf, analyst at Ismail Iqbal Securities. Pakistan Bureau of Statistics (PBS) on Thursday issued the […]

by Anjum Shah

Pakistan’s sensitive price inflation surges by 45%

Aug 26

Finance, National, Top stories

Pakistan’s sensitive price inflation surges by 45%

ISLAMABAD: The inflation based on Sensitive Price Indicator (SPI) has surged by around 45 per cent by the week ended August 25, 2022, according to data released by Pakistan Bureau of Statistics (PBS) on Friday. READ MORE: Pakistan’s sensitive price inflation surges by 37.67% The PBS said that prices of essential items have recorded an […]

by Anjum Shah

Essential items witness inflation above 42%: Pakistan Bureau

Aug 20

Finance, National, Top stories

Essential items witness inflation above 42%: Pakistan Bureau

ISLAMABAD: Pakistan Bureau of Statistics (PBS) on Friday disclosed that prices of essential items have recorded inflation above 42 per cent on year on year (YoY) basis by week ended August 18, 2022. The bureau stated that Sensitive Price Indicator (SPI) of essential items depicts an increase of 42.31 per cent. READ MORE: High inflation […]

by Anjum Shah

Pakistan’s trade deficit narrows by 18% in July 2022

Aug 3

Finance, Top stories

Pakistan’s trade deficit narrows by 18% in July 2022

ISLAMABAD: Pakistan’s trade deficit narrowed by 18 per cent in the month of July 2022, according to data released by Pakistan Bureau of Statistics (PBS) on Tuesday. The contraction in trade deficit may be attributed to decline in import bill. The import bill of the country fell by 13 per cent to $4.86 billion in […]

by Anjum Shah

Pakistan inflation hits 14-year high at 25% in July

Aug 1

Finance, Top stories

Pakistan inflation hits 14-year high at 25% in July

KARACHI: The headline inflation based on Consumer Price Index (CPI) in Pakistan has recorded 14-year high and surged by around 25 per cent in July 2022 on year on year (YoY) basis. According to data released by Pakistan Bureau of Statistics (PBS) on Monday, the CPI inflation General, increased by 24.9 per cent on year-on-year […]

by Anjum Shah

Pakistan’s sensitive price inflation surges by 37.67%

Jul 29

Finance

Pakistan’s sensitive price inflation surges by 37.67%

ISLAMABAD: The price of essential items in Pakistan surged by 37.67 per cent year on year (YoY) week ended July 28, 2022. The SPI for the current week ended on 28th July, 2022 recorded an increase of 3.68 per cent. Increase observed in the prices of food items,Tomatoes (17.53 per cent), Pulse Masoor (4.18 per […]

by Faisal Shah

Prices of essential items increase by 32.82%

Jul 22

Finance

Prices of essential items increase by 32.82%

ISLAMABAD: The prices of essential items in Pakistan have registered a growth of 32.82 per cent Year on Year (YoY) basis by week ended July 21, 2022. According to weekly inflation based on Sensitive Price Indicator (SPI) data released by Pakistan Bureau of Statistics (PBS), the prices of essential items increased by 32.82 per cent […]

by Anjum Shah

Pakistan’s import of CBU motor cars surges by 21% in FY22

Jul 20

Automotive, Top stories

Pakistan’s import of CBU motor cars surges by 21% in FY22

ISLAMABAD: The import of Completely Built Unit (CBU) motor cars into Pakistan has surged by 21 per cent in fiscal year 2021/2022. According to data released by Pakistan Bureau of Statistics (PBS) on Tuesday, the import of CBU motor cars increased to $310.41 million during fiscal year 2021/2022 as compared with $256.2 million in the […]

by Anjum Shah