Tag: CPI
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Inflation in Pakistan dips to 20.7% in March
Pakistan witnessed a significant downturn in headline inflation as it dipped to 20.7 per cent year-on-year in March, according to the latest data released by the Pakistan Bureau of Statistics (PBS) on Monday.
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Pakistan’s CPI-based inflation predicted to decline to 20%
Consumer Price Index (CPI)-based inflation in Pakistan is forecasted to witness a further decline, potentially settling at approximately 20 per cent on a year-on-year (YoY) basis for March.
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Inflation may drop to 20-22% in the coming year: SBP report
In the Governor’s Annual Report 2022–23, released ahead of the upcoming national election, the Chief of the State Bank of Pakistan (SBP) conveyed that the country’s inflation is expected to decrease to approximately 20–22 per cent in fiscal year 2024.
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December inflation may surpass 30% due to gas price hike
In December, inflation is expected to surpass the 30 per cent threshold, driven by the recent increase in gas prices.
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Pakistan’s inflation soars to 29.2% in November, exceeding October figures
In November, Pakistan’s headline inflation surged to 29.2 per cent year-on-year, as reported by the Pakistan Bureau of Statistics, surpassing the October figure of 26.9 per cent. On a monthly basis, there was a 2.7 per cent increase. The average inflation for July-November reached 28.62 per cent, up from 25.14 per cent in the same…
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Consumer suffering intensifies: Pakistan’s weekly inflation skyrockets to 42.67%
Inflation in Pakistan continues to surge as the Sensitive Price Indicator (SPI) recorded a significant increase, jumping to 42.67 per cent on a year-on-year basis for the week ending on June 1, according to official data released by the Pakistan Bureau of Statistics (PBS). The weekly inflation showed a marginal increase of 0.03 per cent…
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Inflation in Pakistan reaches nearly 50-year high, raising concerns for citizens
Pakistan’s inflation, as measured by the consumer price index (CPI), surged to a record-breaking 31.5 per cent in February, largely driven by steep price hikes in food, housing, and transportation groups. This concerning development was recently reported by the Pakistan Bureau of Statistics (PBS), and has heightened expectations of an increase in interest rates during…
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Here’s how chicken prices surpassed beef prices for the first time in Pakistan
chickenn prices surpassed beef prices in Pakistan in 2023 January
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‘It was military vs PTI’: Gen Bajwa was actively involved in sending PTI govt packing, says Fawad
Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry has said that in the no-confidence motion against his party’s Chairman and then-Prime Minister Imran Khan, it was actually the PTI versus the military. Fawad claimed during a BBC HARDTalk interview yesterday that “some army generals, as well as ex-chief General [Qamar Javed] Bajwa were actively involved in sending…
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CPI inflation in Pakistan increases to 26.6% in October
In Pakistan, Consumer Price Index (CPI)-based inflation rose sharply in October, surging by 26.6 per cent year over year (YoY). On the other hand, it climbed 4.7 per cent month over month (MoM), indicating a decline of 1.2 per cent from September. “CPI inflation General, increased to 26.6 per cent on YoY basis in Oct…