The summer season of massive relief continues for electricity consumers, as another Rs1.55/unit cut in lieu of Quarterly Tariff Adjustment (QTA) has been notified by the regulator. The QTA for 3QFY25 will be in field for May, June and July 2025.The QTA for May and June will be in additionContinue Reading
Following a 0.7 percent year-on-year reading in March 2025, the Consumer Price Index (CPI) in Pakistan is expected to drop further to just 0.3 percent year-on-year in April 2025 — the lowest level in six decades, reflecting the country’s sharp ongoing disinflation trend. As a result, the average inflation forContinue Reading
Inflation slowed to 1.2% YoY in March from 1.8% in February Pakistan’s inflation has fallen to its lowest level in nearly 60 years, with the Consumer Price Index (CPI) rising just 0.7% year-on-year in March 2025. The Consumer Price Index (CPI) inflation rose 0.7% year-on-year (YoY) in March 2025, downContinue Reading
The Oil and Gas Regulatory Authority (OGRA) slashed the price of Liquefied Petroleum Gas (LPG) before Ramadan, ARY News reported. As per the notification issued by the OGRA on Friday, the LPG rates have been reduced by Rs6.15 to Rs247.82 per kilogram. The new prices will be in effect fromContinue Reading
“People are working at margins that are so low that absorbing that kind of added cost will be impossible. It’s going to have to be passed along,” said Allison Moore, executive vice president of the Fresh Produce Association of the Americas. SACRAMENTO, the United States, Feb. 26 (Xinhua) — U.S.Continue Reading
PM reaffirmed his government’s commitment to economic revival, highlighting efforts to boost business and trade Prime Minister Shehbaz Sharif on Monday pledged to lower electricity costs, addressing the challenges faced by Pakistan’s industrial and agricultural sectors due to high energy tariffs PM reaffirmed his government’s commitment to economic revival, highlightingContinue Reading
Declining inflation raise hopes of further cut in policy rate The downward trajectory of CPI-based inflation is likely to continue in Pakistan, with projections indicating it could drop below 3% in January, said market experts. “Ongoing sharp disinflation trend is expected to persist, with Jan-2025 CPI likely to fall toContinue Reading
The governor attributed the positive trends to an increase in exports and remittances. State Bank of Pakistan (SBP) Governor Jameel Ahmed stated on Thursday that the country is on track to meet its economic targets, with its debt levels and balance of payments remaining under control. Speaking at the FederationContinue Reading
China’s consumer price index (CPI), a main gauge of inflation, rose 0.2 percent year on year in 2024, official data showed Thursday. In December alone, the CPI edged up 0.1 percent from a year ago, according to the National Bureau of Statistics (NBS). The core CPI, which excludes food andContinue Reading
Pakistan’s annual consumer inflation rate dropped to 4.1 percent in December 2024, marking the lowest level in over 6.5 years (81 months or since April 2018), according to the figures shared by Pakistan Bureau of Statistics (PBS) on Wednesday. The headline inflation, measured by the Consumer Price Index (CPI), hadContinue Reading
