Tag: onions
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Export of onions and bananas banned in first meeting of cabinet
The federal cabinet has approved a ban on the export of bananas and onion till April 15, 2024, a step taken to bring down rates during Ramzan, reporting Geo News. The first meeting of the newly elected federal cabinet was held under the chairmanship of Prime Minister Shehbaz Sharif in which the economic situation of…
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Cost of living rises: SPI records increase in weekly inflation
The Sensitive Price Indicator (SPI) recorded a slight increase of 0.71 per cent for the week ending November 3, 2023, compared to the previous week. According to data from the Pakistan Bureau of Statistics (PBS), the combined index stood at 279.08 on November 3, 2023, up from 277.11 on October 26, 2023, and significantly higher…
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Pakistan’s weekly inflation reaches record high of 48.35%
According to data from the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator (SPI) has risen by 1.05 per cent to reach a record high of 48.35 per cent year-on-year for the week ending May 4. The SPI for the aforementioned week was recorded at 254.84 points, compared to 252.2 points the previous week.
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‘Haye Raam’: Indian Charge d’Affaires on price of onions in Pakistan
Dr M. Suresh Kumar who is currently serving as the Charge d’Affaires at the Indian Embassy in Islamabad, has arrived in Lahore for the first time since his appointment two years ago. Jang reported that the diplomat had breakfast with senior journalists, where he revealed an interesting tibit about food prices in the capital. He…
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Weekly inflation in Pakistan jumps to 42.3% as prices increase ahead of Ramadan
According to data released by the Pakistan Bureau of Statistics (PBS) on Friday, weekly inflation surged by 1.37 per cent week-on-week and 42.27 per cent year-on-year during the week ended March 9. This marks a 25-week high on an annualized basis, as prices of perishables have started to rise ahead of Ramadan. The surge in…
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Weekly inflation increases more than 38% as prices of petrol and food items hit the roof
he latest inflation report released by the Pakistan Bureau of Statistics shows a 2.89% increase in the Sensitive Price Indicator (SPI) for the week ended February 16, 2023. The report highlights a significant increase in food and petrol prices leading to a 38.42% year-on-year inflation. The report also includes details on the items that have…
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Weekly inflation jumps by over 29% due to rising food prices
The Sensitive Price Indicator (SPI) based inflation for the week ended December 29, recorded a decrease of 0.09 per cent due to decline in the prices of food and non-food items, says the Pakistan Bureau of Statistics (PBS).
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Pakistan to import vegetables from neighbouring countries to overcome shortage
After devastating floods ravaged the nation, Pakistani officials made the decision to import onions and tomatoes from Iran and Afghanistan due to the rising prices and imminent food crisis. The production and supply of vegetables and other crops has been impacted by the recent torrential rains and flooding. At a meeting presided over by Commerce…
