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Tag: Pakistan Bureau of Statistics

  • Headline inflation increases by 9.4pc in March

    Headline inflation increases by 9.4pc in March

    ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 9.4 percent on year-on-year basis in March, 2019 as compared to an increase of 8.2 percent in the previous month and 3.2 percent in March 2018.

    The Pakistan Bureau of Statistics (PBS) on Monday said that on month-on-month basis, it increased by 1.4 percent in March 2019 as compared to an increase of 0.6 percent in the previous month and an increase of 0.3 percent in corresponding month i.e. March 2018.

    Core inflation measured by non-food non-energy CPI (Core NFNE) increased by 8.5 percent on (YoY) basis in March 2019 as compared to an increase of 8.8 percent in the previous month and 5.8 percent in March 2018.

    On (MoM) basis, it increased by 0.5 percent in March 2019 as compared to an increase of 0.2 percent in previous month, and an increase of 0.7 percent in corresponding month of last year i.e. March 2018.

    Core inflation, measured by 20 percent weighted trimmed mean CPI (Core Trimmed) increased by 7.9 percent on (YoY) basis in March 2019 as compared to 7.7 percent in the previous month and by 4.1 percent in March 2018. On (MoM) basis, it increased by 0.4 percent in March 2019 as compared to an increase of 0.2 percent in the previous month and an increase of 0.2 percent in corresponding month of last year i.e. March 2018.

    Sensitive Price Indicator (SPI) inflation on YoY basis increased by 8.8 percent in March 2019 as compared to an increase of 6.5 percent a month earlier and a decrease of 1.8 percent in March 2018.

    On MoM basis, it increased by 1.6 percent as compared to an increase of 1.5 percent in the previous month and a decrease of 0.6 percent in corresponding month of last year i.e. March 2018.

    Wholesale Price Index (WPI) inflation on YoY basis increased by 12.6 percent in March 2019 as compared to an increase of 11.0 percent a month earlier and an increase of 3.6 percent in March 2018.

    WPI inflation on MoM basis increased by 1.7 percent in March 2019 as compared to an increase of 0.9 percent a month earlier and an increase of 0.2 percent in corresponding month of last year i.e. March 2018.

  • Mobile phones import down by 22.15 percent on mandatory registration

    Mobile phones import down by 22.15 percent on mandatory registration

    KARACHI: The import of mobile phones has declined by 22.15 percent in February 2019 following imposition of mandatory registration with regulatory authority, said Pakistan Bureau of Statistics (PBS) on Saturday.

    The import of cellular phones reduced to $54.32 million in February 2019 when compared with $69.78 million in the same month of the last year.

    It is pertinent to mention here that cell phone registered with Pakistan Telecommunication Authority (PTA) will be activated in the country.

    This mandatory requirement has stopped influx of all unregistered phones into the country and resulted in saving precious foreign exchange.

    The overall imports of cell phones during July – February 2018/2019 also showing decline of 9.11 percent to $478.13 million as compared with $526.03 million in the corresponding period of the last fiscal year.

    Industry experts said that the rupee depreciation had discouraged the imports.

    They also said that in the latest mini-budget the measures taken by the government would further discourage import of luxury cell phones.

    The government revised upward the regime of duty and taxes for import of mobile phones into the country.

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  • Trade deficit narrows by 11 percent in eight months

    Trade deficit narrows by 11 percent in eight months

    ISLAMABAD: The trade deficit has narrowed by 11 percent during first eight months of current fiscal year owing decline in import bill, Pakistan Bureau of Statistics (PBS) said on Tuesday.

    The trade deficit shrank to $21.52 billion during July – February 2018/2019 as compared with the deficit of $24.19 billion in the corresponding period of the last fiscal year.

    The import bill of the country was declined by 6.13 percent to $36.63 billion during first eight months of current fiscal year as compared with $39.03 billion in the same period of the last fiscal year.

    However, exports posted growth of 2 percent to $15.11 billion during the period under review as compared with $14.83 billion in the corresponding period of the last fiscal year.

    Experts said that the import bill of the country declined owing to several restrictions imposed by the government including condition of advance payment and regulatory duty on luxury and non-essential items.

    On the other side exports failed to reflect the incentives granted to manufacturing and export sector by the government.

    The trade deficit reduced sharply in February 2019 to $2.29 billion from the deficit of $2.86 billion in February 2018, showing decline of 20.12 percent.

    In the same period imports fell by 12.26 percent to $4.18 billion as compared with $4.76 billion in February 2018.

    The export growth was flat during the month to $1.88 billion as compared with $1.89 billion.


    Related Stories: Pakistan’s import bill declines by 19.14pc in January

  • Prices of essential items increase by 11.72 percent: PBS

    Prices of essential items increase by 11.72 percent: PBS

    KARACHI: The prices of essential items increased by 11.72 percent by week ended March 07, 2019 when compared with the same week last year, according to data released by Pakistan Bureau of Statistics (PBS) on Friday.

    According to Sensitive Price Indicator (SPI) all the income groups had witnessed inflation for the period.

    The PBS computes the weekly SPI with base 2007-2008=100 covering 17 urban centers and 53 essential items for all income groups / quintiles and combined.

    The statistics have shown that price of tomatoes posted 308 percent growth to Rs128.42 per kilogram for the week under review as compared with Rs31.42/kg in the corresponding week of the last year.

    The price of LPG cylinder grew by 19 percent for the period. While prices of High Speed Diesel, Petrol and Kerosene Oil witnessed increase in their prices by 13.13 percent, 5.57 percent and 6.8 percent, respectively.

  • Headline inflation rises by 8.2 percent in February

    Headline inflation rises by 8.2 percent in February

    ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) increased by 8.2 percent on year-on-year basis in February 2019 as compared to an increase of 7.2 percent in the previous month.

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  • SPI inflation increases by 10.63 percent

    SPI inflation increases by 10.63 percent

    ISLAMABAD: The inflation based on Sensitive Price Indicator (SPI) has increased by 10.63 percent by the week ended February 28, 2019, as compared with the corresponding week a year ago, according to details released by the Pakistan Bureau of Statistics (PBS) on Friday.

    The weekly SPI with base 2007-08=100 covering 17 urban centers and 53 essential items for all income groups/quintiles and combined has been computed.

    According to the PBS, inflation increased by 7.40 percent over the year for the lower-income group up to Rs8,000.

    The detail of inflation for other income is: 7.63 percent for income group Rs8001-120000; Rs7.62 percent for income group Rs12001-18000; 11.57 percent for income group Rs18001-35000; and 14.93 percent for income group above Rs35000.

    The basic items which witnessed significant growth in prices over the year are included: telephone calls; high-speed diesel; washing soap; gas charges; fabric-cloth; cigarettes; red chilli; cooking oil etc.

  • Oil import bill soars to $8.68 billion in July –January

    Oil import bill soars to $8.68 billion in July –January

    ISLAMABAD – Pakistan’s oil import bill has witnessed a significant surge, reaching $8.68 billion, driven by a substantial increase in the import of liquefied natural gas (LNG), as reported by the Pakistan Bureau of Statistics (PBS).

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  • Pakistan imports mobile phones worth Rs55 billion

    Pakistan imports mobile phones worth Rs55 billion

    ISLAMABAD – The import of mobile phones in Pakistan has reached a staggering Rs55 billion during the first seven months of the current fiscal year, despite the government’s concerted efforts to control the import bill.

    (more…)
  • Import of used motor cars decline by 36 percent in seven months

    Import of used motor cars decline by 36 percent in seven months

    KARACHI – The import of Completely Built Unit (CBU) motor cars has witnessed a significant decline of 36 percent, primarily attributed to the restrictions imposed on non-filers of income tax returns, according to data released by the Pakistan Bureau of Statistics.

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  • Pakistan’s import bill declines by 19.14pc in January

    Pakistan’s import bill declines by 19.14pc in January

    ISLAMABAD, February 5, 2019 – In a positive economic development, Pakistan’s import bill experienced a notable contraction, decreasing by 19.14 percent to $4.5 billion in January 2019, as reported by official statistics released on Monday.

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