Weekly inflation up by 0.96 percent
The weekly inflation, measured by the Sensitive Price Indicator (SPI), witnessed an increase of 0.96 percent for the combined consumption group during the week ended on September 7, the Pakistan Bureau of Statistics (PBS) reported. The SPI for the week under review in the above-mentioned group was recorded at 279.87 points as compared to 277.21…
Adil Aziz
Trade deficit narrows by 40% in two months
The trade deficit contracted by 40.29 percent during the first two months of the current fiscal year compared to the corresponding period of last year. The Trade deficit during July-August (2023-24) was recorded at $3.763 billion as against the deficit of $6.302 billion in July–August (2022-23), showing negative growth of 40.29 percent. During the period…
Fertilizer imports grew 130.40 % in 1st month of FY 2023-24
Fertilizer-manufactured imports into the country during the first month of the current financial year grew by 130.40 per cent as compared to the imports of the corresponding month of last year. During the month of July 2023 about 18,995 metric tons of fertilizer valued at $11.388 million were imported as compared to the imports of…
Palm, soybean oils import reduced by 5.40% , 6.82% in July
Imports of edible oil including palm and soybean into the country during the first months of the current financial year decreased by 5.40 percent and 6.82 percent respectively as compared to the imports of the corresponding month of the last year. During the month of July 2023 about 12,575 metric tons of soybean costing $14.955…
Services’ trade deficit shrinks by 49.50 % as exports grow by 5.73%
The services trade deficit narrowed by 49.50 per cent as exports witnessed a growth of 5.73 per cent during the first five months of the current fiscal year as compared to the corresponding period of last year. According to PBS data, the exports from the country during July-November (2022-23) were recorded at $2,899.98 million against…
Textile exports increase by 4.18% in two months, 7.7% in August
The textile exports were recorded at $3,056.387 million in July-August (FY2022-23) against the exports of $2,933.739 million during the corresponding period of last year 22) The exports of textile commodities increased by 4.18 percent during the first two months of the current fiscal year as compared to the corresponding month of last year. The textile…
Exports increase by 3.75% to $4.7 billion in 2 months
The trade deficit declined by 17.13 percent during the first two months of the fiscal year 2022-23 when compared to the deficit of the corresponding period of last year The exports from the country witnessed an increase of 3.75 percent during the first two months of the current fiscal year (2022-23) as compared to the…
Fan’s export surge by 16.19% in July fiscal year 2022-23
The export of fans witnessed an increase of 16.19 percent during the first month of current fiscal year, against the exports of the corresponding period of last year. The country exported fans worth US$2.684 million during July 2022 against the exports of US$2.310 million during July 2021, showing a growth of 16.19 percent. Meanwhile, on…
Textile exports up by 0.67% in July
The exports of textile commodities increased by 0.67 percent during the first month of the current fiscal year as compared to the corresponding month of last year. The textile exports were recorded at $1,481.021 million in July 2022 against the exports of $1,471.185 million in July 2021, showing growth of 0.67 percent, according to the…
Exports surge by 27.78% to $28.8billion in 11 months
On year-on-year basis, the exports from the country increased by 55.66 percent during May 2022 to $2.601 billion as compared to the exports of $1.671 billion during the same month of last year The exports from the country witnessed an increase of 27.78 percent during the first eleven months of the current fiscal year (2021-22)…