Short-term inflation measured by the Sensitive Price Index (SPI) reached 30.6pc in the week ending on January 5. It is up from last week’s 29.3pc, as food prices continue to remain high. Data released by the Pakistan Bureau of Statistics (PBS) on Friday showed inflation rose 1.09pc week-on-week. It had fallen slightly by 0.09pc in the previous week.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Oil prices rally, stocks slide as traders track Israel-Iran crisis

Oil prices jumped and stocks mostly fell Tuesday after US President Donald…

Pakistan’s weekly inflation decreases by 0.42%

The short-term inflation, as measured by the Sensitive Price Indicator (SPI), decreased…

Chinese Smartphone Maker Vivo to Enter Six European Markets

GUANGZHOU, Oct 22 (Xinhua/APP): Chinese smartphone manufacturer Vivo has announced to launch…

Wall Street Climbs at Open as Traders Hope for Stimulus

New York, Oct 19 (AFP/APP): US stocks rose in opening trading Monday…