Economy
CPI Inflation declined to 4.9% in November
Pakistan's inflation rate has taken a stunning nosedive, hitting 4.9% in November—the lowest since April 2018! This marks a sharp turnaround from the 7.2%...
Government Greenlights Tax-Heavy Budget Ahead of Crucial IMF Loan Talks
Pakistan’s parliament on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new bailout with...
LSMI output surged by 5.8% YoY in April
In April 2024, Pakistan's Large-scale Manufacturing Industries (LSMI) production dropped sharply by 8.14%, down from 115.78 in March 2024.
However, on a month-on-month basis,...
SPI surged by 1.3% WoW
According to data released by the Pakistan Bureau of Statistics (PBS), the Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.3%...
Trade Deficit declined by 24.8% to $1.95Bn in Jan
According to the PBS, the country’s trade deficit shrunk by 24.8% to $1.95 billion in January 2024 from $2.59 billion in the same period...
Weekly SPI declined by 0.28%
The Weekly Sensitive Price Indicator (SPI) for the the week ended on Feb 01, 2024, declined by 0.28% WoW. On the flip side, The SPI...
Pakistan CPI Inflation surged to 28.3% in Jan 2024
Pakistan CPI inflation increased to 28.3% on year-on-year basis in January 2024 as compared to an increase of 29.7% in the previous month and...
Finance ministry forecast inflation at 27.5-28.5% in January
Pakistan’s headline inflation is expected to remain high at 27.5-28.5% in January 2024, the Finance Division said in its Monthly Economic Update and Outlook...
Pakistan’s economy to grow by 2-2.5% this FY: Shamshad
Caretaker Finance Minister Dr Shamshad Akhtar projected on Saturday that the country's economic growth will rebound by 2-2.5% in the current fiscal year.
Virtually addressing the 'IPO...
Pakistan faced worst economic crisis in 2023, says Human Rights Watch
Pakistan faced one of the worst economic crises in its history in 2023 with poverty, inflation and unemployment soaring, jeopardising millions of people’s rights...
