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Page 19 - Consumer Price Index Based News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Benchmarks trade firm; breadth remains positive

Benchmarks trade firm; breadth remains positive
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Consumer Price Index Rises 6 26% In June, Food Price Inflation Stays Elevated

Consumer Price Index Rises 6 26% In June, Food Price Inflation Stays Elevated
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Stocks unlikely to escape bumpy ride this week

Daily Times May 3, 2021 The Pakistan Stock Exchange (PSX) is unlikely to escape the bumpy ride this week and stocks are at a major risk of underperforming on back of rising coronavirus cases, lockdown fear, reduced business timing, and extended Eid holidays starting this weekend, besides political instability. Another factor that can put pressure on stocks is an increase in the Consumer Price Index-based inflation, which surged by 11.1 percent on a year-on-year (YoY) basis in April 2021 as compared to an increase of 9.1 percent in the previous month. On a month-on-month basis, it increased by 1.3 percent in April as compared to an increase of 0.3 percent in March.

Economy to maintain recovery pace

Economy to maintain recovery pace Finance ministry expects inflation reading to remain between 8-9.5% in April The finance ministry said that recent rising trends in international commodity prices and domestic energy prices may have temporary second-round effect on inflation in short run. PHOTO: FILE ISLAMABAD: The Ministry of Finance on Tuesday claimed that the economy would maintain its recovery pace despite the third wave of Covid-19 and it tamed inflationary expectations by forecasting 8-9.5% inflation reading for April. “With timely measures taken by the government to tackle the third wave of the pandemic, risks are mitigated, thus better prospects of economic growth are visible,” said the ministry in its monthly Economic Outlook bulletin.

Central bank: RBI MPC decides to leave rates unchanged for fifth straight time: What s the rationale behind the latest move?

Updated Apr 08, 2021 | 13:22 IST The decision to keep the repo rate unchanged at 4 per cent in the first meet of the financial year was the fifth time the MPC has done so since May. Representational image.  |  Photo Credit: PTI Key Highlights While retaining its growth outlook for FY22 at 10.5 per cent, the MPC did, however, acknowledge the increasing uncertainty stemming from the resurgence of the SARS-CoV-2 virus across the country In a show of some optimism, the RBI retained in GDP growth forecast of 10.5 per cent for 2021-22 noting that the country was now better prepared to deal with the COVID-19 outbreak amid the government s continuing immunisation drive

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