Tag: CPI
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Here’s how Pakistan’s inflation is impacting consumer buying pattern
In Pakistan, the real value of income has been undermined by inflation, while high interest rates have raised the cost of borrowing. Record inflation rates have dominated news for the past year, coupled with supply chain problems, material shortages, elevated fuel prices, and vegetable prices that increased by 500 per cent in September. According to…
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Pakistan inflation hits highest level since 1973
According to the Pakistan Bureau of Statistics (PBS), Pakistan’s Consumer Price Index-based inflation (CPI) climbed by 27.3 per cent on a year-over-year basis in August 2022 as opposed to an increase of 24.9 per cent the previous month and 8.4 per cent in August 2021. Inflation has increased by an average of 26.1 per cent…
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Pakistan’s inflation hits 21.32 per cent in June 2022
In June 2022, Pakistan’s yearly inflation rate reached a 13-year high of 21.3 per cent, up from 9.7 per cent in June 2021 and 13.8 per cent in May 2022, according to the most recent data made public recently by the Pakistan Bureau of Statistics (PBS). According to PBS, monthly CPI-based inflation rose by 6.3…
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PM Khan says Pak corruption getting better but corruption index says Pak is getting more corrupt
Prime Minister (PM) Imran Khan said that the Pakistan Tehreek-e-Insaf (PTI) government has taken the most steps against corruption in the country’s history. The premier, while chairing a session of the federal cabinet on Tuesday, discussed the report released by Transparency International according to which Pakistan has been ranked 140 out of 180 countries, slipping…
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Inflation hike up to 11.5pc, highest in 20 months
An increase in consumer prices continued as inflation rises up to 11.5 per cent from 9.2 per cent in November, the highest increase in the past 20 months due to a record hike in fuel prices last month, reports Dawn. This has been revealed by Pakistan Bureau of Statistics (PBS) data. Inflation measured by the…
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Inflation at seven-month low in March
Pakistan’s Consumer Price Index (CPI)-based monthly inflation slowed to 10.24 per cent in March 2020 as compared to the previous month, Pakistan Bureau of Statistics (PBS) reported. This is the second month in a row that the CPI reading has eased by more than 2 per cent. The bureau had recorded CPI inflation at 12.4…