Rising inflation has dampened the Ramzan spirit in Pakistan. As the country prepares for the holy month, many seem to have lost their faith in the State that governs them, reported DW News.
All-time high price of wheat flour pushed weekly inflation up 1.80 pc week-on-week and 46.65pc year-on-year during the seven-day period that ended on March 23, 2023, pointing to even tougher times ahead, Geo News reported.
This was fuelled by a consistent increase in the price of essential commodities, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.
Pakistan Bureau of Statistics has rejected the demand of the civil society of Pakistan occupied and Kashmir (PoK) to register their data as citizens of PoK.
Secretary General of the National Trade Union Federation Pakistan (NTUF) Nasir Mansoor said that as many as 1 million informal workers, mostly from the textile sectors, will lose their job.
Consumer prices rose significantly in the outgoing week on the back of onions, chicken, eggs, rice, cigarettes and fuel, official data showed on Friday, driving the weekly inflation to over 40 per cent for the first time in over five months. Though week-on-week inflation eased slightly, it s
Additionally, it could make it difficult to accurately measure the size and demographic makeup of the population of Kashmir origin and heritage living in Pakistan, which could have implications for government policies and equitable resource allocation for Kashmir and Gilgit Baltistan.
Weekly inflation, measured by Sensitive Price Index (SPI), has seen an rise of 31.83 per cent for the combined income group on a year-on-year basis, ending January 19, due to a massive increase in prices of food and non-food items, the Dawn reported citing data released by the Pakistan Burea
Factors such as higher import and transportation costs, crop availability, demand and supply gap, hoarding, exchange rate issues, and the ongoing economic crisis have resulted in uncontrolled inflation in Pakistan, even on essential food items, the Dawn reported, adding that the condition wa
The Pakistan Bureau of Statistics (PBS) in its weekly report on the movement in prices of 51 essential items, collected from 50 markets in 17 major cities around the country said that the year-on-year (YOY) shows a rise of 30.60 percent.