Daily Archives: Oct 18, 2024
IMF chief says ‘cannot rule out’ possible global recession
The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had "darkened significantly" since April and she...
Oil drops to 12-week low on recession and Covid-19 worries
Oil prices dropped to a 12-week low in volatile trade on Wednesday, extending Tuesday’s heavy losses as growing fears of demand destruction from a...
CPI Inflation Sky-Rockets to 21.3% in June
CPI Inflation increased by 21.3% on YoY basis during the month of Jun'22 as compared to an increase of 13.8% in May'22 &...
Current Account Deficit surged by 131% on MoM basis
Pakistan’s current account deficit clocked in at $1.425 billion in May 2022, compared to the deficit of $640 million recorded in May, 2021.
The CAD...
Govt jacks up Petrol Prices by Rs. 30/liter
Finance Minister Miftah Ismail announced another hike in the prices of petroleum products after the International Monetary Fund (IMF) emphasized the termination of subsidies...
CPI Inflation increased by 13.8% in May 2022
Pakistan CPI inflation increased by 13.8% on YoY basis in May'22 as compared to an increase of 13.4% in Apr'22 & 10.9% in SPLY....
