Prices of daily commodities are burning the pockets of consumers in inflation-hit Pakistan where they are now paying 400 Pakistani Rupees (PKR) to buy a dozen eggs in Lahore city.
The British government's inflation rate has dropped sharply to touch the lowest level figure of 3.9 percent, as per official data released on Wednesday (December 20, 2023).
Pakistan's weekly inflation rate spiked to the highest level in six months in the week ended on December 7, media reports said.
Pakistan's annual short-term inflation remained above 40 percent for the second week in a row, media reports said.
Pakistan's caretaker cabinet has approved a massive increase of up to 3,900 per cent in the fixed monthly charges, and 194 per cent in the consumer rates for natural gas, leading to a rise in inflation, media reports said.
Pakistan's Jamaat-e-Islami (JI) has announced it will observe a three-day sit-in demonstration in Pakistan's Lahore city to protest against rising inflation.
Pakistan-occupied Kashmir's (PoK) Muzaffarabad city recently witnessed massive anti-government protests against inflation and corruption by politicians in the country.
Pakistani traders recently observed a complete shutdown in Karachi city of the country to protest against inflation and rising power bills.
People in various parts of Pakistan are observing a shutter-down strike on Saturday to protest against the rise in electricity bills and inflation.
Pakistan is witnessing massive protests over inflated power bills with the caretaker government even failing to give relief to people.
A Center for Economic Research and Reforms expert believes that Uzbekistan’s economy in the first half of the year maintained high growth dynamics and remained resistant to changes even in the unstable external situation.
Sri Lanka, the nation which fought a tough economic crisis in recent times, registered a fall in inflation rate as it reached the single-digit mark in July.
Islamabad: Pakistan is witnessing a spike in inflation to touch a 59 years figure of 36.4 percent in April, a situation believed to be caused due to the government’s missteps and administrative measures, media reports said.
Ottawa/IBNS: A federal budget tabled by Canada's Finance Minister Chrystia Freeland on Tuesday addressed inflation, GST rebate for low-income Canadians, and multi-billion-dollar tax credits to stimulate the clean energy sector.
Islamabad: Pakistan's short-term inflation, which is measured by the Sensitive Price Index hit an all-time high of 46.65 per cent year-on-year (YoY) for the week ending on March 22, as per data released by the Pakistan Bureau of Statistics (PBS) on Friday.