Tomatoes, rice and sugar prices shoot up as inflation bites ISLAMABAD (Web News) After weeks of rising costs, the latest report from the Pakistan Bureau of Statistics (PBS) shows a slight dip in overall inflation this week, but the prices of daily essentials still went through the roof. Weekly inflationRead More →
Nationwide Inflation Rate Rises Further Over the Past Week During the past week, the inflation rate increased by 0.31% on a weekly basis and by 2.21% on an annual basis, according to the Pakistan Bureau of Statistics. Islamabad ( Web News )The pace of inflation in the country has onceRead More →
In the first half of the financial year 2023-24, the trade deficit decreased by 34.29%. During July to December, Pakistan’s exports are 14 billion 98 billion 10 million dollars, according to the Bureau of Statistics During the first half of the last financial year, Pakistan’s exports were 14 billion 24Read More →
After two years of slump in imports of machinery and equipment for construction of new industries, the process of recovery has started Imports of machinery from the highest foreign exchange earning sector textile decreased to 5.68 million dollars from 21.27 million dollars. Imports of all industrial sectors have decreased fromRead More →
CCP sets up a New Department for Robust Market Surveillance ISLAMABAD ( Web News ) The Competition Commission of Pakistan (CCP) has launched a new Market Intelligence Unit (MIU). Its objective is to create advanced technological and data analytical capabilities to assess the market data to identify the collusive practices.Read More →
Weekly inflation declines by 0.36% in Pakistan after hitting record high ISLAMABAD ( Web News ) Pakistan Bureau of Statistics (PBS) announced on Friday weekly inflation dropped by 0.36 percent to 45.36% on an annual basis during the ongoing week, bringing a sigh of relief for low- and middle-income consumersRead More →
ISLAMABAD ( Web News ) Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry has expressed great concerns over the massive hike in inflation in Pakistan that has made life miserable for the common man besides affecting the business activities. He called upon the government to take strong measuresRead More →
ISLAMABAD ( MEDIA REPORT ) Food exports from the country witnessed an impressive growth of 16.81 during the first half of the current fiscal year compared to the corresponding period of last year. The food exports rose to $1,932,269 million during July-December (2017-18) against the exports of $1,654,245 million duringRead More →