Tag: food inflation
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Shopkeepers arrested, fined in Lahore for selling above govt-set prices
The Lahore district administration has intensified its efforts against overpricing, resulting in significant fines and the arrest of two individuals.
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Pakistan’s inflation eases slightly to 28.3% in January 2024
The Pakistan Bureau of Statistics (PBS) reported that the country’s headline inflation for January stood at 28.3 per cent on a year-on-year basis, marking a slight decrease from the December figure of 29.7 per cent. The month-on-month reading recorded a 1.8 per cent increase.
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Sharp rise in petrol price drives weekly inflation up, worsening daily struggles for Pakistanis
The Sensitive Price Index (SPI) in Pakistan has risen by 1.30 per cent compared to the previous week, intensifying the financial burden on the already struggling population. The nation is grappling with ever-depreciating financial resources as it faces a sharp increase in petroleum prices and food inflation.