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Tag: Economic Data

US stocks
Business
  • Reuters
  • Jun 04, 2025
US stocks edge up; trade choppy on weak economic data

“Tariff impacts are likely elevating prices paid by services sector companies”

Oil prices
World
  • Web Desk
  • Aug 10, 2024
Crude oil prices climb over 3.5 per cent on Fed rate cut hopes

Oil prices ended higher on Friday, marking a weekly gain of over 3.5 per cent as encouraging economic data and indications from Federal Reserve policymakers about possible interest rate cuts in September alleviated concerns about demand.

Unemployment highest in US
World
  • Web Desk
  • Aug 02, 2024
US unemployment rate climbs to highest level in nearly three years

Hiring in the United States slowed significantly in July, with the unemployment rate climbing to its highest level in nearly three years.

global oil prices
Business
  • Web Desk
  • May 27, 2024
Global oil prices rise slightly

Global oil prices saw marginal gains on Monday in subdued trading sessions, influenced by public holidays in Britain and the United States.

weekly inflation in Pakistan
Business
  • Web Desk
  • Feb 16, 2024
Weekly inflation falls by 0.78%

The Weekly Sensitive Price Indicator (SPI) for the Combined Group exhibited a modest 0.78 per cent decrease week on week (WoW) for the period ending February 15, 2024.

US dollar to Pakistan rupee
Business
  • Web Desk
  • Nov 17, 2023
PKR gains, closes the week at Rs286.50 against US dollar

The Pakistani rupee demonstrated consecutive gains against the US dollar, appreciating by 0.31 per cent in the inter-bank market on Friday.

Global oil prices
Business
  • Web Desk
  • Nov 13, 2023
Oil prices drop due to uncertain demand outlook

Global oil prices dropped, facing uncertain demand influenced by decreased consumption in leading oil consumers—the United States and China.

weekly inflation in Pakistan
Business
  • Web Desk
  • Oct 27, 2023
Pakistan’s weekly inflation eases: Sensitive Price Indicator reports 0.33% decrease

In the week ending October 19, Pakistan experienced a notable decrease in its weekly inflation rate, as indicated by the Sensitive Price Indicator (SPI), according to the latest report released by the Pakistan Bureau of Statistics (PBS) on Friday. The SPI exhibited a decline of 0.33 percent during this period.

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