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Annual consumer inflation shoots to 11.1 percent


Business
May 2, 2021
ISLAMABAD: Annual consumer inflation increased to 11.1 percent in April from 9.1 percent in March due to rise in prices of food and energy posing a downside risk to the economic growth recovering from the pandemic challenges, official data showed on Saturday.
On month-on-month basis, consumer price index (CPI) inflation increased by 1 percent in April 2021 as compared to an increase of 0.4 percent in the previous month and a decrease of 0.8 percent in April 2020.
Prices of food with nearly 35 percent weight in CPI basket increased 15.9 percent year-on-year in April. Mainly, the food inflation was driven by non-perishable food prices that rose 18.36 percent. Prices of housing, water, electricity and fuels increased to 9.68 percent year-on-year in April compared to 0.51 percent in March. ....

Tahir Abbas , International Monetary Fund , World Bank Commodities Price Data , Research At Arif Habib , Karachi Based Arif Habib Limited , Per Cent , தாஹிர் அப்பாஸ் , சர்வதேச பண நிதி , ஆராய்ச்சி இல் ஆரிப் ஹபீப் , கராச்சி அடிப்படையிலானது ஆரிப் ஹபீப் வரையறுக்கப்பட்டவை , ஒன்றுக்கு சதவீதம் ,

Annual consumer inflation increases to 11.1% in April


Annual consumer inflation increases to 11.1% in April
By
Annual consumer inflation shoots up to 11.1% in April from 9.1% in March.
The April outrun is in contrast to the government’s forecast.
CPI inflation increased by 1% in April 2021 as compared to an increase of 0.4% in the previous month.
ISLAMABAD: Due to a rise in prices of food and energy posing a downside risk to the economic growth recovering from the pandemic, the annual consumer inflation has shot up to 11.1% in April from 9.1% in March,
The News, citing official data, reported on Sunday.
The April outrun is in contrast to the government’s forecast, as the Ministry of Finance expected inflation to remain between 8 - 9.5% in April. ....

Tahir Abbas , International Monetary Fund , World Bank Commodities Price Data , Research At Arif Habib , Karachi Based Arif Habib Limited , தாஹிர் அப்பாஸ் , சர்வதேச பண நிதி , ஆராய்ச்சி இல் ஆரிப் ஹபீப் , கராச்சி அடிப்படையிலானது ஆரிப் ஹபீப் வரையறுக்கப்பட்டவை ,

Exports hit decade high of $2.3 billion in March


Business
April 2, 2021
ISLAMABAD: Pakistan’s exports in March reached a decade-high of $2.3 billion with monthly figures showing growth year-on-year and over the previous month, commerce adviser said on Thursday.
“Ministry of commerce is glad to share that according to provisional figures, in March 2021 our exports increased to $2.345 billion. This is an increase of 13.4 percent over February 2021. It is the monthly highest in last 10 years,” Adviser to Prime Minister for Commerce and Investment Razak Dawood wrote on Twitter.
“This is also the first time since 2011 that exports have crossed the $2 billion mark for six consecutive months.”
However, commerce adviser termed the annual growth as misleading because the last year’s lockdown kept the industrial wheel extremely slow. ....

Saad Hashemy , Razak Dawood , Tahir Abbas , Research At Arif Habib , Prime Minister , Investment Razak Dawood , Arif Habib , ர்யாஸக் தாவூத் , தாஹிர் அப்பாஸ் , ஆராய்ச்சி இல் ஆரிப் ஹபீப் , ப்ரைம் அமைச்சர் , முதலீடு ர்யாஸக் தாவூத் , ஆரிப் ஹபீப் ,