Food prices push weekly inflation to 30.6pc
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..
PTI protests against rising inflation
On Sunday, PTI is holding protests against rising inflation in different cities across the country on the call of their party chairman. PTI Chairman Imran Khan is expected to address the crowds.
Imran Khan slams govt for inflation
Islamabad: After Finance Minister Miftah Ismail presented the Pakistan Economic Survey, PTI Chairman Imran Khan maintained that the people of Pakistan would “now find out what inflation actually is.” In a press.
Inflation slows down at 12 percent
Pakistan’s consumer inflation on Tuesday slowed slightly from a year earlier in February, though the monthly rate jumped on the back of higher food and energy prices. According to the Pakistan Bureau.
Tell people there is no inflation: PM Khan
Prime Minister Imran Khan told PTI spokespersons on Monday that the country had no inflation, as he expressed pleasure with the economic team’s performance and lowering prices of various important commodities, according.
Petrol and diesel prices dropped by Rs. 5 per litre
The government cut the price of petrol and diesel by Rs5 per litre on Wednesday. It has also reduced the price of kerosene and light diesel oil by Rs7 per litre for.
Pakistani rupee depreciated by 30.5% under PTI-led govt.
According to a report in The News, the value of the Pakistani rupee against the US dollar has decreased by 30.5 percent under the current PTI-led government’s tenure.
Over the last 40 months,.
Inflation, not poverty, is a real concern: Shaukat Tarin
Shaukat Tarin, the Prime Minister’s Adviser on Finance and Revenue, minimised the prevalence of poverty in Pakistan on Friday, arguing that the rate has lately decreased.
Mr Tarin told journalists at the Pakistan.
Sixth consecutive increase in Weekly Inflation
The Pakistan Bureau of Statistics (PBS) issued data on Friday showing that inflation, as measured by the Sensitive Price Index (SPI), increased by 1.07 percent for the week ended November 18, owing.
Inflation in US reaches 30-year high
The global epidemic Corona virus has also shattered the 30-year high record of inflation in the United States. Food rates have skyrocketed.
The news of growing inflation is causing a drop in American.
Unrestrained Inflation: Public reaction forces Govt. to not release weekly SPI
The federal government has decided to stop releasing weekly Sensitive Price Index (SPI) data and instead release monthly Consumer Price Index (CPI) data in response to widespread criticism of uncontrolled inflation that.
Fawad Chaudhary blames Sindh govt for inflation
Islamabad: Federal Minister for Information and Broadcasting Fawad Chaudhry on Friday held the Sindh government responsible for the upswing in sugar and flour prices. He also criticized the financial schemes of.
PPP announces protest against inflation and unemployment
The PPP (Pakistan People’s Party) also declared a nationwide protest. Shazia Murree, the PPP’s Central Secretary for Information, has stated that there would be widespread rallies against inflation on October 29. Jails.
Opposition launches protest against inflation
On Friday, opposition parties have launched a countrywide protest and took to the streets in various cities to put pressure on the government against surging inflation in the state. Protestors started the.
Coal prices Skyrockets in China
Beijing: It emerged on Friday that China’s thermal coal fortunes had shot up since last May. It happened due to Beijing’s decisive intervention in years to increase supply and reduce runaway prices.
The Economist ranks Pakistan inflation as 4th highest
The Economist magazine recently published a report that looked at inflation in 42 nations plus the Euro and concluded that Argentina had the highest rate of inflation at 51.4 percent, Turkey was.
Protest to be held by PMLN against inflation in Lahore
The Pakistan Muslim League-Nawaz (PML-N) will hold a protest demonstration in Lahore on Friday against the country’s growing inflation.
Humza Shahbaz, the opposition leader in the Punjab Assembly and PML-N leader, will lead.
PM orders subsidy on petrol for low-income people
The federal government has approved in principle to give subsidized petrol to motorbikes and rickshaw owners, only days after hiking gasoline prices to an all-time high.
The government has decided to provide another.
Recovery of petroleum organizations’ profits
Following the re-opening of the global economy, the business environment began to improve in the second part of the financial year. This was accompanied by an increase in demand for petrol and.
Prices of petrol and electricity at peak this year
Prices of all important commodities, such as gasoline, electricity, and gas, have been steadily rising, and now news has emerged that the caretaker government has increased the price of electricity as well..
250,000 jobs created under NAPHDA: PM Imran Khan
According to Prime Minister Imran Khan, the Naya Pakistan Housing and Development Authority (NAPHDA) initiative has produced at least 250,000 job possibilities in the country.
The prime minister made these remarks as he.
Inflation rises faster than anticipated to 9.04pc in Sept
Inflation, as assessed by the Consumer Price Index, rose to 9% in September from 8.4% in August, when global oil prices continued to rise gradually, undermining recent gains. Global oil prices have.
Petrol Prices to Increase in October
The price of petrol is anticipated to rise by Rs5.25 per litre from October 1, according to sources, citing a proposal made.
Mobile Utility Stores Attract Customers in Droves
PESHAWAR, Oct 18 (APP): The mobile utility stores launched by the PTI Government have started operation in Peshawar and adjoining districts by providing essential commodities to consumers on the Government’s prescribed rates.
They.