According to figures from the Pakistan Bureau of Statistics (PBS), consumer price index (CPI)-based inflation reached 36.4 per cent in April 2023 while rising 1.6 per cent month-over-month (MoM) in May.
According to figures from the Pakistan Bureau of Statistics (PBS), CPI-based inflation reached 36.4 per cent in April 2023 while rising 1.6 per cent month-over-month (MoM) in May.
The global food agency's report revealed that the average Pakistani household is forced to spend only 50.8 per cent of their monthly income on food, while 36.9 per cent suffer from a lack of food security.
The data released by the Pakistan Bureau of Statistics (PBS) revealed that the increase was particularly driven by rising food prices, which resulted in a 0.51 per cent increase in short-term inflation on a week-on-week basis.
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.