Tag: Pakistan Inflation

KARACHI: Pakistan's consumer price index for February was up 23.1% from the same month last year, marking the slowest rate of annual inflation since June 2022, data from the Pakistan Bureau of Statistics showed on Friday. The country has been struggling with soaring inflation, which last May hit an ...

NEW DELHI: The price of eggs in inflation-hit Pakistan's provincial capital of Lahore has skyrocketed to 400 Pakistani Rupees (PKR) per dozen, according to market sources cited by ARY News.The steep increase in prices comes as the local administration failed to enforce the government rate list, leading to soaring ...

Salma Faheem has not spoken to her husband, Mohammad, since June. That’s when he dropped her and their three children off in his home village of Dalma in Pakistan’s northwestern Khyber Pakhtunkhwa province because he could no longer afford to have them living with him in the southern city ...

“Riots were triggered off by soaring prices, by malpractices, or by hunger. But these grievances operated within a popular consensus as to what were legitimate and what were illegitimate practices...”EP Thompson’s influential 1971 piece on food price and scarcity riots documented a deeper sense of norms and obligations found ...

Pakistan took the crown for Asia’s fastest inflation from Sri Lanka as a weaker currency and rising food and energy costs drove price gains to a record in April. Consumer prices rose 36.4% in April from a year earlier, the highest since 1964, according to data released by the ...

ISLAMABAD (Pakistan): Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan will be presenting a white paper against the Pakistan Democratic Movement (PDM) government's performance over the last three years, Pakistan-based ARY News reported.According to sources, Khan will via a video link address, issue a white paper on the country's economic situation.He ...

NEW DELHI: For a middle class family in Pakistan, making ends meet has become increasingly difficult due to a paralyzed economy and skyrocketing inflation. But for the poor, it's survival by the toughest means possible.In the last few weeks, Pakistan's economy has gone from bad to worse due to ...

KARACHI: Pakistan's central bank raised its key interest rate by 100 basis points on Tuesday, as the cash-strapped country aims to bring down record high inflation.The key rate of the State Bank of Pakistan (SBP) now stands at 21%, its highest level ever, with consumer price inflation at its ...

Consumer price inflation in Pakistan increased year-on-year to 35.37% in March, the country’s statistics bureau said on Saturday. This was the highest inflation rate since 1965, according to Dawn.In February, the inflation rate was recorded at 31.5%, which was at the time the highest since 1974.According to the data ...

Consumer price inflation in Pakistan jumped to a record 35.37% in March from a year earlier, the statistics bureau said on Saturday, as at least 16 people were killed in stampedes for food aid. The March inflation number eclipsed February’s 31.5%, the bureau said, as food, beverage and transport ...