While the IMF described the recent ceasefire in the region as a positive and stabilizing development, it stressed that uncertainty remains elevated and risks have not fully subsided
Search Results for: inflation
Venezuela Inflation Hits 475% in 2025 — Highest in the World
Despite the political changes, many Venezuelans say everyday life remains difficult as prices for essential goods continue to soar
Free Ramadan Ration Distribution Hits Three-Year Low Amid Rising Inflation
In some cases, organizations have opted to provide limited cash assistance instead of food packages
Pakistan has highest inflation rate in Asia: Bloomberg report
A recent Bloomberg report maintains that Pakistan has the highest inflation rate among the Asian countries. The report sheds light into the recent inflationary trends in Pakistan noting that electricity prices increased by 18% in July causing electricity bills to surpass the rent of homes. According to the report, electricity prices have increased by 155% since […]
Pakistan’s weekly inflation increases by 0.45 percent
Pakistan’s weekly inflation increases by 0.45 percent. The weekly inflation in Pakistan, measured by the Sensitive Price Indicator (SPI), increased by 0.45 percent for the combined consumption groups during the week that ended on June 6. The PBS data indicates that the SPI for the week under review was recorded at 309.91 points, compared to […]
‘Eid shopping in Pakistan drops by over 70pc’ amid heavy inflation
‘Eid shopping in Pakistan drops by over 70pc’ amid heavy inflation. Inflationary pressures have cast a shadow over Eid shopping in Pakistan, severely impacting the purchasing ability of citizens and leading to a significant drop in retail sales. The All Karachi Tajir Ittehad (AKTI) reported a staggering 70% decline in Eidul Fitr sales in Karachi, […]
Inflation surges up by 1.35% during Ramadan, Burdening citizens
Inflation surges up by 1.35% during Ramadan. As Pakistan enters the holy month of Ramadan, its citizens are grappling with heightened economic challenges. The sharp increase is primarily attributed to the rising costs of food items and fuel, exacerbating the financial strain on households across the nation. Inflation surges up by 1.35% during Ramadan Recent […]
Another hike in power tariff expected for inflation-hit masses
Another hike in power tariff expected for inflation-hit masses. As consumers grapple with the burden of soaring electricity prices, the National Electric Power Regulatory Authority (Nepra) stands at the forefront of a crucial decision. Discos, or state-owned power distribution companies, have formally sought Nepra’s approval to recover a substantial Rs81.5 billion from consumers. This sought-after […]