Tag: inflation in pakistan
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Pakistan’s inflation drops to 6.9%, lowest since January 2021
Pakistan’s inflation has dropped to lowest level since August 2021, according to latest data released by the Pakistan Bureau of Statistics (PBS).
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Finance Division forecasts 8-9% inflation for September
Pakistan’s headline inflation may drop to 8-9 per cent in the next two months, according to the finance ministry.
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Pakistan’s inflation expected to drop to as low as 9% by September 2024: Finance Ministry
Pakistan’s headline inflation is expected to ease further in August 2024, settling between 9.5 per cent and 10.5 per cent, with a continued downward trend anticipated in the coming months, according to the Finance Division’s statement on Friday.
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Pakistan’s yearly inflation rate falls to 11.1 per cent in July 2024
In July 2024, Pakistan’s Consumer Price Index (CPI)-based inflation decreased to 11.1 per cent year-on-year, down from 12.6 per cent in June 2024 and a substantial 28.3 per cent in July 2023, according to data from the Pakistan Bureau of Statistics (PBS). On a month-on-month basis, the CPI inflation rose by 2.1 per cent in…
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Weekly inflation rises as prices of essential food items increase
The Weekly Sensitive Price Indicator (SPI) for the Combined Group witnessed a 0.45 per cent increase week over week (WoW).
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Govt sets ‘targets’ to reduce cost of living and boost employment
Dr Musadik Masood Malik, the Minister for Petroleum Division, affirmed on Saturday that the government is focusing on controlling inflation and creating employment opportunities as its primary objectives.
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Pakistan’s headline inflation expected to drop below 14%
Inflation in Pakistan is projected to decelerate significantly in May 2024, with the year-on-year (YoY) rate expected to drop to approximately 13.9 per cent. This sharp slowdown is attributed to a notable decline in monthly prices, aided by a favorable base effect.
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Weekly inflation eases as tomato and onion prices drop
SPI for the week ending on May 16, 2024, showed a decline of -1.06 per cent compared to the previous week.
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Weekly inflation falls by 1%, but year-on-year rates remain high
The weekly inflation measured by the Sensitive Price Indicator (SPI) recorded a decrease of 1 per cent for the combined consumption groups during the week ended on May 02, according to data released by the Pakistan Bureau of Statistics (PBS).
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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.