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 »

Car imports fall sharply by 85 percent in first two months

KARACHI: The import of old and use cars sharply fell by 85 percent during first two months of current fiscal year owing to payment restriction imposed for customs clearance. Read more »

Rebasing lowers average inflation for July-August

ISLAMABAD: The average headline inflation i.e. Consumer Price Index (CPI) was calculated at 9.44 for the months of July and August, 2019 on the basis of revised base year, a statement said... Read more »

Textile exports decline by 15pc in June on budgetary measures

KARACHI: Pakistan’s textile exports fell by 15 percent in June 2019 to $1.01 billion as compared with $1.19 billion in the same month of the last year, according to export data released... Read more »

Headline inflation increases by 8.9 percent in June

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) increased by 8.9 percent on year-on-year basis in June, 2019 as compared to an increase of 9.1 percent in the previous month... Read more »

Trade deficit narrows by 13.62 percent in eleven months

ISLAMABAD: The trade deficit has narrowed by 13.62 percent in first eleven months owing to measures taken by the government to increase the cost of imported luxury and non-essential goods. Read more »

Pakistan imports cell phones worth Rs84.2 billion in ten months

KARACHI: Pakistan has imported mobile phones worth Rs84.2 billion during July – April 2018/2019 despite serious economic difficulties in the country. Read more »

Pakistan’s trade deficit narrows by 13pc in 10 months

KARACHI: Pakistan’s trade deficit has narrowed by 13 percent during first 10 months (July – April) 2018/2019 owing to significant fall in import bill, according to trade data released by Pakistan Bureau... Read more »

Headline inflation increases by 8.8 percent in April 2019

ISLAMABAD: The headline inflation has surged by 8.8 percent on year on year (YoY) in April 2019 as compared to an increase of 9.4 percent in previous month and 3.7 percent in... Read more »

Essential items’ prices inflate for three consecutive weeks in April

ISLAMABAD: The prices of essential items have shown increase for the third consecutive week in the current month indicating the high headline inflation for April 2019. Read more »