Tag: Inflation rate
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PM Shehbaz hails Moody’s rating upgrade amid cooling inflation
Prime Minister Shehbaz Sharif on Sunday expressed his satisfaction with the recent ease in the inflation rate, noting that the government’s ongoing economic reforms are yielding positive results.
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Pakistan’s weekly inflation dips slightly amid lower fuel and onion prices
Pakistan’s weekly inflation, as measured by the Sensitive Price Indicator (SPI), registered a slight decline of 0.16 per cent for the combined consumption groups during the week ending on August 15, according to the Pakistan Bureau of Statistics (PBS).
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Profit margins slashed for select National Savings Schemes
The Central Directorate of National Savings (CDNS) has announced a reduction in profit rates for several of its National Savings Schemes, while rates for other schemes remain unchanged.
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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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PKR records eighth consecutive gain, closes at Rs282.79 vs dollar
In a notable financial trend, the Pakistani rupee (PKR) sustained its positive trajectory against the US dollar (USD) for the eighth consecutive session, witnessing a 0.04 per cent appreciation in the interbank market on Thursday.
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Record-breaking bullish streak: PSX surpasses 54,000 mark for the first time in history
The Pakistan Stock Exchange (PSX) continued its bullish momentum, with the KSE-100 Index surpassing the historic 54,000 level during intra-day trading on Tuesday.
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Pakistan’s stock market surges to all-time high of 53,123.04 points
The Pakistan Stock Exchange (PSX) continued its impressive performance, with the benchmark KSE-100 index surging by over 700 points and approaching the historic milestone of 54,000 during Monday’s trading session.
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Inflation in Pakistan stays above 27% despite IMF reforms
Pakistan continues to grapple with soaring inflation, with the rate holding steady at 27.4 per cent in August, according to data released on Friday. This persistent inflationary pressure is partially attributed to the reforms mandated as part of the IMF loan agreement, which have complicated efforts to stabilise prices and curb declines in the national…
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President Alvi ko chahiye mazeed salary
President Dr Arif Alvi is seeking an increase in his salary. Official documents show that the president has asked for two raises, first with effect from July 1, 2021 and second with effect from July 1, 2023, as per Geo News. Currently, the president draws a monthly salary of Rs 846,550 and wants a two-step…
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Pakistan’s weekly inflation reaches lowest point at 28.6% since October 2022
The Sensitive Price Indicator (SPI) recorded a weekly inflation increase of 0.70 per cent, reaching 28.55 per cent on a year-on-year basis for the week ending June 6.