Import of old, used cars plunges by 69 percent in nine months

KARACHI: The import of used and old cars witnessed sharp decline of 69 percent during first nine months (July-March) of current fiscal year due to imposition of condition regarding payment of duty... Read more »

Import bill falls by 21 percent in March

KARACHI: The import bill of the country has declined by 21 percent in March 2020 over the previous month owing to lockdown to contain coronavirus pandemic. The import bill was at $3.3... Read more »

Trade deficit narrows by 26.52% in July – February

ISLAMABAD: The trade deficit has narrowed by 26.52 percent in first eight months (July – February) 2019/2020 owing to fall in import bill. Read more »

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 »