Tag: Inflation

ISLAMABAD: Federal Minister for Finance Hafeez Shaikh said the reformed General Sales Tax (GST) would not be a catalyst for further inflation in the country.
"The RGST will not trigger inflation; no government wants to compound problems for its citizens", Hafeez Shaikh said while talking to reporters after attending the meeting of the Senate Standing Committee on Finance, here on Monday.
When queried on whether the bill would encourage corruption and the pressing need for

ISLAMABAD: Shoppers were seen thronging markets throughout the capital, proving all gloomy prophecies predicting that the buyers would stay away from the markets because of an increased inflation rate and the floods wrong.
A day before the festival of Eidul Azha, a large number of women flocked to the markets to buy bangles, clothes and shoes for their kids and themselves.
Jinnah Super, Super Market, Karachi Company, G-10 Markaz and Aabpara Market were amongst those which

PESHAWAR: Sugar prices reached their record high of Rs125 to Rs130 per kilogramme in the Utility Stores of the Khyber Pakhtunkhwa province on Wednesday.
This came as a blow to the citizens who are already suffering because of the strike at all tanoors (ovens) to protest the increase in the prices of bread because of a general increase in prices of other items of daily needs. The rise in sugar prices has been attributed to the floods which destroyed many crops in Peshawar valley,

ISLAMABAD: The Sensitive Price Indicator (SPI), for the week ended on October 14, inflation index for the lowest income group rose by up to Rs 3,000 and has registered a increase of 0.88 percent over the previous week.
The SPI for the week under review in the above mentioned group was recorded at 288.52 points compared to 286.01 points registered in the previous week, according to provisional figures of Federal Bureau of Statistics (FBS).
The weekly SPI is calculated with