Islamabad – The prices of essential items have witnessed a significant increase of 13.74 percent for the income group above Rs35,000 for the week ending February 07, 2019, compared to the corresponding week a year ago, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday.
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Headline inflation increases by 7.2% in January 2019
ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 7.2 percent Year-on-Year (YoY) in January 2019, Pakistan Bureau of Statistics (PBS) said on Friday.
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Mobile phone import declines by 18.69pc on unregistered IMEI blocking
The import of mobile phones in Pakistan witnessed a significant decline of 18.69 percent in December 2018, attributed to the government’s stringent measures to block unregistered International Mobile Equipment Identity (IMEI) numbers.
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Car imports fall sharply by 43pc on regulatory duty, currency devaluation
The car imports in Pakistan experienced a substantial decline by 43 percent due to significant devaluation of local currency and imposition of regulatory duty.
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Incentives fail to improve textile export
Pakistan’s textile industry, despite benefiting from incentives related to duties and taxes, has failed to achieve significant improvements in exports.
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Inflation increases more faster for lower income group
In Pakistan, the prices of essential items have witnessed a more rapid increase for lower income groups earning up to Rs8,000 per month in comparison to other income segments.
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