Pakistan’s weekly inflation declines for fourth consecutive week
The Sensitive Price Index (SPI)-based inflation for the week ending September 5, 2024, decreases to 0.15 per cent, marking the fourth consecutive weekly decrease. According to data released by the Pakistan Bureau of Statistics (PBS) on Friday, out of 51 items monitored, prices of 19 items (37.25 per cent) rose,
Inflation in Pakistan falls to 9.6 per cent after three years
Pakistan’s annual consumer price inflation rate slowed to 9.6 per cent in August, the first single-digit reading in almost three years, reported Pakistan Bureau of Statistics (PBS) showed on Monday. The monthly inflation rate was 0.39 per cent, the PBS said. Read more: Indus Motor announces another Rs1.1 billion investment
Pakistan’s weekly inflation drops by 0.62%
The Sensitive Price Indicator (SPI) for the week ending August 29, 2024, showed a decrease of 0.62%, according to the Pakistan Bureau of Statistics (PBS). The SPI data, released on Friday, highlighted significant drops in the prices of several items, including chicken (down 3.02%), bananas (down 2.35%), chili powder (down
Weekly inflation in Pakistan sees minor 0.1% drop
The Pakistan Bureau of Statistics reports a slight 0.1 percent decline in the inflation rate during the past week. This minor decline follows a long stretch of continuous price increases, offering a bit of relief to ordinary citizens. The data indicates that prices for nine essential items, including tomatoes, wheat
Weekly inflation drops further
Short-term inflation, measured by the Sensitive Price Index (SPI), fell for the third consecutive week, reaching 16.86% for the period ending August 8, according to Pakistan Bureau of Statistics data. This decline is primarily attributed to a high base effect from last year, though there was also a slight week-on-week
Pakistan’s weekly inflation rate rises again
Pakistan weekly inflation rate, which had recently decreased, has once again shown an increase, according to the latest figures released by the Bureau of Statistics. According to the PBS, the price of onions increased by 32.23%, eggs by 4.28%, garlic by 3.23%, and LPG by 1.73%. Read More: IMF rejects
Pakistan inflation slows to three-year low
Pakistan’s headline inflation hit 11.1% year-on-year in July 2024, the lowest since November 2021, according to the Pakistan Bureau of Statistics (PBS). Moreover, month-on-month Consumer Price Index inflation rose by 2.1% in July 2024, compared to a 0.5% rise last month. However, urban CPI inflation stood at 13.2% year-on-year in
Finance ministry claims inflation rate falls to 10%
According to Ministry of Finance recent monthly economic update and forecast report, highlighted a number of encouraging developments in Pakistan’s economy. According to the analysis, it is anticipated that the rate of inflation would shortly drop to a single digit. In July and August, respectively, it projects inflation rates of
Inflation rate rises to 12.57%
The inflation rate was recorded at 12.57% in June, with urban areas seeing a 0.58% increase in inflation as per the Pakistan Bureau of Statistics report. Moreover, the report states that inflation rate in June increased by 0.46% compared to May. Read More: Kia Stonic price hiked by Rs7 lakh after
Weekly inflation rises ahead of federal budget
WEB DESK: Weekly inflation has started to rise again, before the federal budget. Over the past week, prices of 19 essential items, including potatoes, onions, tomatoes, bananas, and chicken, have increased. The inflation rate for this week increased by 0.45%, according to the weekly report issued by the Bureau of
