Companies MoU signed: CCP, PBS to strengthen cooperation, improve data utilization ISLAMABAD: The Competition Commission of Pakistan (CCP) and the Pakistan Bureau of Statistics (PBS) have signed a... Published 22 Oct, 2024 06:33am
Statistics Pakistan’s REER index drops below 100 for first time in 2024 Pakistan’s Real Effective Exchange Rate (REER), a measure of the value of a currency against a weighted average of... Updated 21 Oct, 2024 10:36pm
Business & Economy Pakistan records $119mn current account surplus in September 2024 Development comes on back of massive increase in remittance inflows This is the second successive month in which Pakistan's current account has posted surplus Updated 21 Oct, 2024 11:32pm
2024-10-21-01-18 PBS to host first-ever Data Fest-2024 today ISLAMABAD: The Pakistan Bureau of Statistics (PBS) will be hosting Pakistan’s first-ever Data Fest-2024 at the Pak... Updated 21 Oct, 2024 07:25am
Business & Economy Pakistan’s remittance inflow stands at $2.85bn in September 2024, up 29% year-on-year Amount marginally lower than in August 2024 During 3MFY25, remittances up nearly 39% YoY to $8.8 billion as compared to $6.3 billion in 3MFY24 Updated 09 Oct, 2024 10:51pm
Business & Economy Pakistan’s trade deficit widens marginally to $5.4bn in 3MFY25 Gap comes on account of higher imports that stand at $13.31bn, while exports clock in at $7.88bn in three months Updated 02 Oct, 2024 10:17pm
Business & Economy Lowest reading since Jan 2021: inflation in Pakistan clocks in at 6.9% in September 2024 Reading also lower than market expectations that put figure in range of 7.5-8% Updated 01 Oct, 2024 07:47pm
Business & Economy Pakistan’s GDP grows 3.07% in April-June, 2.52% in FY24 National Accounts Committee says growth in agriculture, industry and services stands at 6.76%, -3.59% and 3.69%, respectively, in fourth quarter of 2023-24 Updated 30 Sep, 2024 10:53pm
Business & Economy Pakistan’s inflation likely to slow down further in September, fueling further rate cut speculation The slowing inflationary trend in Pakistan is likely to continue in September, and projected to come down to almost... Updated 21 Sep, 2024 08:07pm
Money & Banking Pakistan’s REER index decreases to 100.16 in August 2024 Pakistan’s Real Effective Exchange Rate (REER), a measure of the value of a currency against a weighted average of... Updated 18 Sep, 2024 10:36pm
Business & Economy Pakistan’s current account posts surplus of $75mn in August 2024 Development comes on back of massive increase in remittance inflows Updated 18 Sep, 2024 10:31pm
2024-09-17-02-26 July-August textile group exports up 5.37pc ISLAMABAD: The country’s textile group exports increased by 5.37 per cent in first two months (July-August) of the... Published 17 Sep, 2024 06:33am
Energy Jul-Aug petroleum group’s imports witness 22.73pc growth ISLAMABAD: Petroleum group imports witnessed 22.73 percent growth during the first two months (July-August) of the... Published 17 Sep, 2024 06:33am
Business & Economy Most aggressive cut since April 2020: SBP reduces key policy rate by 200bps, brings it down to 17.5% Pace of disinflation exceeded earlier expectations, says central bank The previous occasion SBP moved with this quantum of reduction was in April 2020 Updated 12 Sep, 2024 10:54pm
2024-09-07-03-52 SPI-based inflation falls 0.15pc ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended September 5, 2024, decreased by 0.15... Published 07 Sep, 2024 06:59am
Statistics Fourth successive decline: weekly SPI down to 3-year low The Sensitive Price Indicator (SPI) for the week ended September 05, 2024 decreased by 0.15%, according to the... Updated 06 Sep, 2024 10:18pm
2024-09-06-04-45 FE-25 deposits: SBP drops monthly reporting requirement KARACHI: The State Bank of Pakistan (SBP) has discontinued the monthly reporting of “FE-25 Deposits and their... Published 06 Sep, 2024 07:04am
Interest Rates Analysts expect SBP to continue easing in next week’s monetary policy announcement Most experts Business Recorder reached out to see decline between 100 to 200 bps Updated 05 Sep, 2024 08:29pm
Commodities Ongoing global oil price decline to benefit Pakistan: brokerage house The ongoing decline in global oil price “benefits Pakistan” and will help its trade balance and inflation figures,... Updated 05 Sep, 2024 10:32pm
Statistics Pakistan’s trade deficit shrinks marginally to $3.6bn in 2MFY25 Pakistan’s trade deficit shrank marginally to $3.6 billion during the first two months of fiscal year 2024-25... Updated 03 Sep, 2024 10:28pm
Interest Rates Inflation in Pakistan drops to single digit after three years, clocks in at 9.6% in August Reading in line with official expectations that put figure in range of 9.5-10.5% Updated 02 Sep, 2024 08:40pm
Business & Economy Finance ministry expects inflation to fall further to 9.5-10.5% in August Headline inflation figure hit 11.1% in July and brokerage houses now see the number falling to single digits Updated 30 Aug, 2024 10:09pm
Statistics Third successive decline: weekly SPI down 0.62% The Sensitive Price Indicator (SPI) for the current week ended on August 29, 2024 decreased by 0.62%, according to... Published 30 Aug, 2024 04:12pm
Business & Economy August inflation figure expected in single digits after almost 3 years: brokerage house Inflationary pressure is likely to subside further in Pakistan and come down to single digits from August onwards,... Updated 22 Aug, 2024 10:40pm
Companies Price deregulation: Pakistan’s pharma sector sales hit $3.3bn in FY24, 22% higher year-on-year Pakistan’s pharmaceutical industry achieved sales of Rs916 billion (USD 3.3 billion) in FY24, a 22% year-on-year... Updated 21 Aug, 2024 03:59pm
Money & Banking Pakistan’s REER index increases to 101.5 in July 2024 Pakistan’s Real Effective Exchange Rate (REER), a measure of the value of a currency against a weighted average of... Updated 19 Aug, 2024 04:49pm
Business & Economy Pakistan’s current account posts deficit of $162mn in July 2024 Deficit lower on a monthly basis, but 'higher than expectations due to wider trade deficit reported by SBP' Updated 19 Aug, 2024 09:06pm
2024-08-18-02-25 Mobile phones worth $64.504m imported in July ISLAMABAD: The country imported mobile phones worth $64.504 million in the first month (July) of current fiscal year... Updated 18 Aug, 2024 09:43am
Business & Economy Agri, industries perform: Pakistan posts 2.09% growth in Q3FY24, says NAC Revises Q1 and Q2 estimates upwards to 2.71% and 1.79%, respectively Targets GDP growth of 2.4% in FY24 Updated 21 May, 2024 10:07pm