Pakistan News

    Recent Inflation Rate Of Pakistan

  • BoE governor sees Brexit pushing up inflation, rate rise likely

    WASHINGTON: Bank of England Governor Mark Carney said Brexit was likely to push up Britain’s inflation rate and he reiterated the central bank’s new view that interest rates are likely to rise in the coming months...

    Carney, making a speech at the International Monetary Fund’s headquarters in Washington, said the process of globalisation that has led to deeper integration in the world economy in recent decades had pushed down price...

  • US Fed keeps key interest rate unchanged amid low inflation

    WASHINGTON: The Federal Reserve is keeping its benchmark interest rate unchanged at a time of low inflation, which remains persistently below the Fed’s target level...

    The Fed noted on Wednesday in a statement that inflation has stayed undesirably low even though the job market keeps strengthening, with the unemployment rate just 4...

  • Growth rate to go up, inflation poses no risk: SBP

    KARACHI: The country’s overall macroeconomic outlook appears stable despite challenging global economic conditions, the State bank of Pakistan (SBP) said on Thursday...

    “Growth is likely to pick up despite the constraints, fiscal position is strong, inflation is likely to stay low (despite inching up) and risks on the external front have been moderated to a large extent,” the central bank said in its second quarterly report of this...

  • Eurozone inflation holds steady at low rate of 0.2pc

    LONDON: Lower energy costs kept a lid on inflation across the 19-country eurozone economy in December, official figures showed on Tuesday, in a development that could buoy consumers but frustrate policymakers at the European Central Bank eager to see more substantial price rises...

    In an initial estimate, the European Union’s statistics agency found that annual consumer price inflation held steady at 0...

  • Interest rate hiked amid warnings of inflation, deficits

    KARACHI: Pointing to continuous rises in inflation and the “twin deficits”, the State Bank on Saturday hiked the key target policy rate by 100 basis points, or one percentage point...

    The target policy rate affects all other interest rates in the economy, eventually making it more expensive to borrow, and serving as a brake on the pace of economic activity...

  • Exchange rate movements amplify inflation: WB report

    ISLAMABAD: Upward acceleration of global inflation from record low levels may impair efforts to sustain the low inflation environment achieved over the past several decades in these economies, says the World Bank in its ground-breaking report on inflation in the emerging and developing economies...

    The adverse effects of high inflation can fall disproportionately on the poor, who hold most of their assets in cash and rely heavily on...

  • Chinese inflation hits highest rate since 2012

    BEIJING: China’s consumer prices grew at their fastest rate in almost eight years in October driven by a spike in pork prices caused by an outbreak of African swine fever, according to official figures released on Saturday...

    The consumer price index (CPI) — a key gauge of retail inflation — hit 3...

  • Climate change cost Pakistan $20bn in recent years: expert

    PESHAWAR: Stressing the need for stemming the tide of adverse impacts of climate change, a senior economist on Wednesday said Pakistan’s economy had suffered $20 billion losses due to the changing weather patterns in the recent past...

    Speaking at a workshop on ‘Climate Change: Raising Threats and Challenges’ here, Dr Mohammad Rafiq who teaches at the Institute of Management Sciences Peshawar said Pakistan required to devise...

  • Ashraf Ghani slams Pakistan over recent Kabul attacks

    KABUL: Afghan President Ashraf Ghani lambasted Pakistan on Monday over a recent wave of insurgent attacks in the capital Kabul that killed at least 56 people...

    “The last few days have shown that suicide bomber training camps and bomb-producing factories which are killing our people are as active as before in Pakistan,” Ghani told a news conference...

  • Recent arrests have improved Pakistan’s image abroad: PTI

    ISLAMABAD: The Pakistan Tehreek-i-Insaf (PTI) has declared that recent arrests of opposition leaders have improved the country’s image abroad, stating that “those who have plundered the country and its resources will spend their lives in jails and for them doors to the power corridors have been shut forever”...

    In a statement, PTI’s Information Secretary Omar Sarfaraz Cheema stated that Prime Minister Imran Khan was recognised across...

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