Pakistan imports mobile phones worth $1.31 billion in eight months

Mar 18

IT & Telecom

Pakistan imports mobile phones worth $1.31 billion in eight months

ISLAMABAD: Pakistan has imported mobile phones worth $1.31 billion during first eight months of the current fiscal year owing to rise in demand of such devices for digital financial system. According to data released by Pakistan Bureau of Statistics (PBS) on Wednesday the import of mobile phones worth $1.311 billion during July – February 2020/2021 […]

by Mrs. Anjum Shahnawaz

Trade deficit widens by 24pc in February

Mar 5

Finance

Trade deficit widens by 24pc in February

ISLAMABAD: The trade deficit has been widened by 24 percent Year on Year (YoY) in February 2021 owing to increase in imports and decline in exports, according to data released by Pakistan Bureau of Statistics (PBS) on Friday. The import bill for the month of February 2021 increased to $4.56 billion as compared with $4.16 […]

by Mrs. Anjum Shahnawaz

Headline inflation increases by 8.7pc in February

Mar 1

Finance

Headline inflation increases by 8.7pc in February

ISLAMABAD: The headline inflation i.e. Consumer Price Index (CPI) increased by 8.7 percent in February 2021 on year on year basis, Pakistan Bureau of Statistics (PBS) said on Monday. CPI inflation General, increased by 8.7 percent on year-on-year basis in February 2021 as compared to an increase of 5.7 percent in the previous month and […]

by Mrs. Anjum Shahnawaz

Car import jumps up by 166 percent in seven months

Feb 18

Automotive

Car import jumps up by 166 percent in seven months

ISLAMABAD: The import of used and old cars recorded a growth of 166 percent during first seven months (July – January) of 2020/2021 owing to significant decline in coronavirus cases and relaxation in economic activities by easing COVID lockdown. According to data released by Pakistan Bureau of Statistics (PBS) on Wednesday, the import payment for […]

by Mrs. Anjum Shahnawaz

Pakistan spends Rs185 billion for mobile phones import in July – January

Feb 18

IT & Telecom

Pakistan spends Rs185 billion for mobile phones import in July – January

ISLAMABAD: Pakistan has spent a hefty amount of Rs185 billion for import of mobile phones during first seven months (July – January) of 2020/2021, according to details released by Pakistan Bureau of Statistics (PBS) on Wednesday. The import of mobile phones surged by 56 percent during the first seven months of the current fiscal year […]

by Mrs. Anjum Shahnawaz

Pakistan’s trade deficit widens by 8.27 percent to $14.96 billion in July – January

Feb 8

Finance

Pakistan’s trade deficit widens by 8.27 percent to $14.96 billion in July – January

ISLAMABAD: Pakistan’s trade deficit has surged by 8.27 percent to $14.96 billion during the first seven months (July – January) of the 2020/2021 fiscal year, propelled by an uptick in import bills following improved economic activities.

by Mrs. Anjum Shahnawaz

Headline inflation grows by 5.7 percent in January

Feb 1

Finance

Headline inflation grows by 5.7 percent in January

ISLAMBAD: The headline inflation based on Consumer Price Index (CPI) has increased by 5.7 percent in the month of January 2021, according to data released by Pakistan Bureau of Statistics (PBS). The headline inflation in January 2021 was increased when compared to an increase of 8.0 percent in the previous month and 14.6 percent in […]

by Mrs. Anjum Shahnawaz

Import of CKD motor vehicles witnesses unprecedented growth

Jan 17

Automotive

Import of CKD motor vehicles witnesses unprecedented growth

ISLAMABAD: The import of motor vehicles in Completely Knock Down (CKD) condition has witnessed a unprecedented growth of 4902 percent in December 2020 due to acceleration of manufacturing activities by auto industry in the country. According to Pakistan Bureau of Statistics (PBS), the import of motor vehicles in CKD/Semi Knock Down (SKD) condition increased to […]

by Mrs. Anjum Shahnawaz

Country imports mobile phones worth Rs153.6 billion in first half

Jan 16

IT & Telecom

Country imports mobile phones worth Rs153.6 billion in first half

ISLAMABAD: The country has imported mobile phones worth Rs153.6 billion during the first half (July – December) 2020/2021 owing to rising demand for digital transactions in the wake of the covid pandemic. The import of mobile phones increased by 59.44 percent during the first half of the current fiscal year. The import of mobile phones […]

by Mrs. Anjum Shahnawaz

Trade deficit swells by 6.44 percent in first half

Jan 7

Finance

Trade deficit swells by 6.44 percent in first half

ISLAMABAD: The country’s trade deficit has widened by 6.44 percent during the first half (July – December) of fiscal year 2020/2021 owing to uptick in imports during past two months. According to trade data released by Pakistan Bureau of Statistics (PBS) on Thursday, the trade deficit was recorded at $12.42 billion during July – December […]

by Mrs. Anjum Shahnawaz