Trends - inflation - Business Recorder

Editorials

Another global recession?

EDITORIAL: That the International Monetary Fund (IMF) has once again cut its global growth outlook for 2022, to 3.2...

Published 06 Aug, 2022 04:02am

Opinion

East Europe’s party is over as double-digit inflation bites

In the weeks that followed Russia’s invasion of Ukraine, western Europe’s big economies began to falter. But...

Published 06 Aug, 2022 04:02am

Pakistan

JI to resist govt efforts to sell SOEs: Siraj

LAHORE: Chief of Jamaat-e-Islami, Sirajul Haq has said that JI will strongly resist government agenda to sell...

Published 05 Aug, 2022 06:27am

Pakistan

PTI leader assails delay in appointment of SBP governor

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Omar Ayub Khan on Thursday questioned the delay in the appointment...

Published 05 Aug, 2022 06:27am

Markets

Inflation-fighting BoE poised to unleash big rate hike

LONDON: The Bank of England is expected Thursday to follow other major central banks with an aggressive interest...

Published 04 Aug, 2022 10:40am

Markets

Easing raw material costs promising for Indian consumer cos

NEW DELHI: Softening commodity prices are holding out hope for Indian consumer-goods firms that have struggled with...

Published 04 Aug, 2022 05:43am

Business & Finance

Turkish inflation stabilises at under 80% in boost to Erdogan

ISTANBUL: Turkey’s annual inflation rate stabilised in July at just under 80 percent, official data showed on...

Published 03 Aug, 2022 01:32pm

Business & Finance

Swiss inflation holds steady at 3.4% in July

ZURICH: Swiss consumer price inflation held steady at 3.4% in July, slightly less than economists had expected after...

Published 03 Aug, 2022 11:45am

BR Research

Inflation: Killing softly

Inflation is on a record-breaking streak. The headline clocked at 24.9 percent in Jul-22 – highest since Oct 2008....

Published 02 Aug, 2022 08:54am

Business & Finance

US manufacturing slows modestly; excess inventories weigh on new orders

WASHINGTON: US manufacturing activity slowed less than expected in July and there were signs that supply constraints...

Published 02 Aug, 2022 06:44am

Business & Finance

July CPI inflation soars to highest rate in 14 years

ISLAMABAD: The Consumer Price Index (CPI) based inflation increased by a massive 24.93 percent on year-on-year basis...

Published 02 Aug, 2022 05:36am

Pakistan

Inflation in Pakistan hits 24.9% in July, a 14-year high

CPI inflation in rural areas increased by 26.9% on year-on-year basis

Updated 01 Aug, 2022 04:22pm

Markets

European, US stocks rise despite latest inflation data

NEW YORK: Despite fresh data showing the persistence of inflation, European stocks advanced following a...

Published 01 Aug, 2022 05:54am

Print

Umar assails govt over ‘highest-ever’ inflation

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Asad Umar tweeted Sunday that the Sensitive Price Index (SPI) had...

Updated 01 Aug, 2022 09:42am

Business & Finance

Inflation may cross decade-high level of 25pc: BMP

LAHORE: Under the domino effect of dollarization, the skyrocketing inflation, which is already in the midst of a...

Published 01 Aug, 2022 05:54am

Markets

Pakistan's rupee sees worst month in over 50 years

Battling high import payments, depleting foreign exchange reserves, and political turbulence, the Pakistani rupee ...

Updated 30 Jul, 2022 08:14pm

Pakistan

Experts see Pakistan's inflation rate topping 24% in July

Rupee depreciation, high energy tariffs, and seasonality in prices of edible items will contribute to high CPI reading

Updated 30 Jul, 2022 08:13pm

Business & Finance

For Pakistan’s start-ups, the ‘journey has just started’

Partner at Keystone Law says UAE and Dubai in particular should be explored for setting up headquarters

Updated 30 Jul, 2022 11:49am

Print

Country on the brink of collapse: APTMA

KARACHI: Pakistan is currently on the brink of economic collapse. With depleting foreign currency reserves, rising...

Updated 30 Jul, 2022 09:43am

Business & Finance

Spain inflation hits 38-year high in July: data

MADRID: Inflation in Spain in July reached its highest level in 38 years, fuelled by runaway food and energy prices,...

Published 29 Jul, 2022 02:22pm

BR Research

HBL: Balance sheet crosses Rs5 trillion

HBL, the country’s biggest commercial bank, announced its 1HCY22 financial results posting 11 percent year-on-year...

Published 29 Jul, 2022 08:58am

Markets

Wall Street drops as shrinking economy brings recession closer

NEW YORK: US stock indexes fell on Thursday weighed down by gloomy forecasts from Meta and Qualcomm, while an early...

Published 29 Jul, 2022 06:14am

Opinion

Global economic players’ dismal policy action

International Monetary Fund (IMF) recently released the July 2022 update of one of its flagship reports ‘World...

Published 29 Jul, 2022 06:14am

Opinion

Hint of a Fed pause opens door to Asia’s emerging markets

As the United States pushes ahead with its steepest interest rate hikes in a generation, investors are unusually...

Published 29 Jul, 2022 06:14am

Print

Import of wheat approved: ECC lifts import ban on all items except CBUs, home appliances

Gives approval for an increase in petroleum dealers margin by Rs7 per litre both on petrol and diesel from Rs4.90 per litre and Rs4.13 per litre

Updated 29 Jul, 2022 09:42am

Print

MoF depicts a bleak picture of economy

ISLAMABAD: The Finance Division has emphasized the intense need for a successful completion of the International...

Updated 29 Jul, 2022 09:20am

Print

IMF’s ‘pre-conditions’ already met, Senate panel told

ISLAMABAD: A meeting of the Senate Standing Committee on Finance was informed that all the prior conditions of the...

Updated 29 Jul, 2022 10:29am

Print

Outlook downgrade: S&P follows in the footsteps of Fitch, Moody’s

ISLAMABAD: S&P Global Ratings (previously Standard and Poor’s) revised the outlook on Pakistan’s long-term...

Updated 29 Jul, 2022 09:08am

Business & Finance

Australia cuts growth outlook as inflation bites

SYDNEY: Australia’s recently-elected Labor government took a scalpel to the country’s economic growth forecasts on...

Published 28 Jul, 2022 10:50am

BR Research

Power tariff hike: Mixed bag

The federal government okayed the power price hike, with the ministers attempting to downplay the impact. While the...

Published 28 Jul, 2022 10:40am