Exports surge by 25 percent: PBS

ISLAMABAD: The exports of the country increased by 25 percent in July 2020 as compared with the previous month owing to enhance in economic activities after ease in lockdown, according to data... Read more »

Headline inflation grows by 9.3pc in July

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 9.3 percent on Year-on-Year (YoY) basis in July 2020, according to data released by Pakistan Bureau of Statistics (PBS)... Read more »

Pakistan’s oil, gas import bill plunges by 28 percent in FY20

ISLAMABAD: Country’s import of oil and gas fell sharply by 28 percent during fiscal year 2019/2020 owing to significant decline in international prices. The import of petroleum group has decline to $10.42... Read more »

Pakistan spends Rs217 billion on import of mobile phones in FY20

ISLAMABAD: Pakistan has spent Rs217 billion on import of mobile phones during fiscal year 2019/2020 amid slow economy and outbreak of coronavirus pandemic. The import of mobile phones was Rs217 billion during... Read more »

Trade deficit narrows by 27pc in 2019/2020

ISLAMABAD: Pakistan’s trade deficit narrowed by 27 percent to $23.18 billion in fiscal year 2019/2020 as against the deficit of $31.8 billion in the preceding fiscal year, Pakistan Bureau of Statistics (PBS)... Read more »

Headline inflation increases by 8.6 percent in June

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) increased by 8.6 percent on Year on Year (YoY) basis in June 2020 as compared to an increase of 8.2 percent in... Read more »

Car imports fall by 61pc in eleven months

KARACHI: The import of used and old cars witnessed sharp decline of 61 percent during first eleven months (July-May) of current fiscal year due to condition of payment of duty and taxes... Read more »

Pakistan spends Rs179 billion for mobile phone import

ISLAMABAD: Pakistan has spent over Rs179 billion for import of mobile phones during July – May 2019/2020, which is 90 percent higher than the same period of the last fiscal year. According... Read more »

Headline inflation increases by 8.2 percent in May

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) increased by 8.2 percent on year-on-year basis in May 2020 as compared to an increase of 8.5 percent in the previous month... Read more »

Textile exports post sharp 64 percent decline in April

ISLAMABAD: The textile exports have witnessed massive 64 percent decline in April 2020 due to lower demand in foreign markets and cancellation of orders due to coronavirus outbreak. According to data released... Read more »