Weekly inflation sees slight rise as food prices climb
WEB DESK: Sensitive Price Index (SPI) saw a slight increase of 0.07 per cent for the week ending December 12, 2024, according to the Pakistan Bureau of Statistics (PBS). This rise was primarily driven by higher prices of essential items, including chicken (up by 3.80 per cent), vegetable ghee (up
Here’s why falling inflation rates don’t lead to a drop in prices
Economic terms like “disinflation” and “deflation” often confuse the public, and can oversimplify statistics to present an exaggerated success. Following the announcement of a 44-month low inflation rate in September, some in the government rejoiced, declaring victory over soaring prices. However, the reality is more nuanced. The monthly inflation rate
Weekly inflation hits 3-year low at 12.7 per cent
The Sensitive Price Index (SPI)-based inflation for the week ending on September 19, 2024, witnessed a year-on-year increase of 12.72 per cent, as reported by the Pakistan Bureau of Statistics (PBS). This marks the lowest annual inflation rate since October 2021, according to data from Arif Habib Limited (AHL). Key
Buyers will keep springing for fancy Walmart wares
(Reuters) – Walmart (WMT.N) is thriving while consumers cut back on pricier options like Starbucks (SBUX.O) and McDonald’s (MCD.N). As buyers scale down their spending on luxury items, they are increasingly turning to Walmart for a wider range of goods, including higher-priced items like furniture and clothing. Changing Consumer Behavior
