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Business

Web Desk
May 29, 2024

Inflation may decline to 12.5 per cent by June 2024

Inflation is projected to remain between 13.5 per cent and 14.5 per cent in May 2024, with a potential decrease to 12.5 per cent to 13.5 per cent by June 2024, according to the Finance Ministry’s latest economic report.

Business

Web Desk
Feb 10, 2024

SBP reports $173 million weekly dip in forex reserves

SBP reported a decline of $173 million in its foreign exchange reserves over the course of the week, reaching $8.04 billion as of February 2.

Business

Web Desk
Jan 16, 2024

Pakistan’s big industries witness 3.63% surge in production

In a recent report released by the Pakistan Bureau of Statistics (PBS), the country’s Large Scale Manufacturing Industries (LSMI) experienced a notable upswing in production, marking a 3.63 per cent month-on-month (MoM) increase.

Business

Web Desk
Oct 16, 2023

Pakistan’s industrial output increases to 8-month high in August

In August 2023, Pakistan’s Large Scale Manufacturing Industries (LSMI) experienced a significant 8.44 per cent month-on-month growth, marking the most substantial increase since December 2022, according to the latest report from the Pakistan Bureau of Statistics (PBS).