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

ISLAMABAD: The oil import bill has surged to $8.68 billion due to significant increase in import of liquefied natural gas (LNG), according to data released by Pakistan Bureau of Statistics (PBS). Read more »

Pakistan imports mobile phones worth Rs55 billion in seven months

ISLAMABAD: Despite the government’s effort to curtail import bill the country imported mobile phones worth Rs55 billion during first seven months of current fiscal year. Read more »

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

KARACHI: The import of completely built unit (CBU) motor cars has sharply declined by 36 percent owing to restriction imposed on non-filers of income tax return filers, according to data released by... Read more »

Pakistan’s import bill declines by 19.14pc in January

ISLAMABAD: Pakistan’s import bill has declined by 19.14 percent to $4.5 billion in January 2019 as compared with $5.57 billion in the same month of the last year, according to official statistics... Read more »

Prices of essential items rise by 13.74 percent for income group above Rs35,000

ISLAMABAD: Prices of essential items have registered increase by 13.74 percent for income group above Rs35,000 for the week ended February 07, 2019 as compared with the ending of same week a... Read more »

Headline inflation increases by 7.2 percent 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. Read more »

Mobile phone import declines by 18.69pc on unregistered IMEI blocking

ISLAMABAD: The import of mobile phones has declined by 18.69 percent in December 2018 owing government initiative of blocking non-compliant IMEIs.       The import of mobile phones fell to $59.4... Read more »

Car imports fall sharply by 43pc on regulatory duty, currency devaluation

KARACHI: The import of used motor vehicles sharply decline by 43 percent during first half of current fiscal year owing to significant devaluation of local currency and imposition of regulatory duty.  ... Read more »

Incentives fail to improve textile export

KARACHI: Textile industry has failed to improve exports despite availing incentives of duty and taxes. Read more »

Inflation increases more faster for lower income group

ISLAMABAD: The prices of essential items have increased more faster for lower income group earning up to Rs8,000 per month as compared with other income groups. Read more »