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Business June 4, 2021 KARACHI: Pakistan’s labour market shows signs of improvement as overall employment growth turned positive and stood at 0.9 percent in July-November FY2021, compared with a contraction of 0.3 percent in the same period last year, according to the central bank’s 2nd quarterly report released on Thursday. The recovery in employment continued in the first half of this fiscal year, in line with the positive gains in large-scale manufacturing and the services sector. Employment data for the manufacturing sector of Punjab and Sindh displayed continued improvement, while th...

Business June 2, 2021 ISLAMABAD: Annual consumer inflation decelerated to 10.9 percent in May compared to 11.1 percent in the previous month as fuel, electricity and food prices were seen declining. Pakistan Bureau of Statistics (PBS) data on Tuesday showed that consumer price index (CPI) inflation general was still more than 8.2 percent in May 2020. CPI inflation increased 0.1 percent month-on-month in May compared to an increase of 1 percent in the previous month and a increase of 0.3 percent in May 2020. Analyst Fahad Rauf at Ismail Iqbal Securities said fall in electricity prices due to ...