Mobile phone import climbs up by 79.46% in seven months

KARACHI: The import of mobile phones has surged by 79.46 percent during first seven months (July – January) of current fiscal year owing to reduction in tax rate by the government to... Read more »

Import of used cars plunges by 77% in seven months

KARACHI: The import of used and old cars plunged by 77 percent during first seven months (July-January) of 2019/2020 due to condition of payment of duty and taxes through foreign exchange imposed... Read more »

PBS rules out fudging in inflation figures

ISLAMABAD: Pakistan Bureau of Statistics (PBS) on Saturday ruled out fudging in inflation figures as reported in some section of electronic and print media. Read more »

Trade deficit narrows by 28.4% in July – January

KARACHI: Pakistan’s trade deficit narrowed sharply by 28.40 percent during first seven months (July – January) 2019/2020 owing to significant decline in import bill. Read more »

46 essential consumer items out of 51 register price hike in one year; prices go up to 116.82%

ISLAMABAD: About 46 essential consumer items out of 51 have registered increase in prices during past one year showing the inflationary pressure on the masses. Read more »

Import of mobile phones surges by 106% to Rs96.33 billion in first half

KARACHI: Pakistan has imported mobile phones worth Rs96.33 billion, showing an increase of 106 percent during first half (July – December) of 2019/2020. Read more »

Headline inflation increases by 12.6% in December 2019

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 12.6 percent in December 2019 on Year on Year (YoY) basis. Pakistan Bureau of Statistics (PBS) on Wednesday said... Read more »

Cars import falls by 81pc during July – November

ISLAMABAD: The import of imported cars has sharply fell by 81 percent during July – November of 2019/2020 owing to restriction imposed by the government for customs clearance through payment in foreign... Read more »

Mobile phone imports sharply increase by 86 percent to Rs61 billion in four months

ISLAMABAD: Pakistan – the country endeavoring to reduce import bill to control external sector challenges – has imported mobile phones amounting Rs61 billion, during first four months (July – October) 2019/2020 which... Read more »

Pakistan’s trade deficit narrows by 33.52 percent in July – October

ISLAMABAD: Pakistan’s trade deficit has narrowed by 33.52 percent during first four months (July – October) of current fiscal year owing to improving exports. Read more »

Significant decline in import bill sharply narrows trade deficit by 35 percent in first quarter

ISLAMABAD: Significant decline in import bill helped to sharply narrow the trade deficit by 35 percent during first quarter of current fiscal year, according to data released Pakistan Bureau of Statistics (PBS)... Read more »

Pakistan imports mobile phones worth Rs26 billion; up 52.4pc in July – August

KARACHI: Pakistan has imported mobile phones worth Rs26 billion during first two months of current fiscal year, which is 52.4 percent higher when compared with Rs16.98 billion in the same period of... Read more »