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Weekly inflation up by 0.23pc ISLAMABAD: The weekly inflation for the week ended on July 02 for the lowest income group up to Rs 8,000 witnessed increase of 0.23 percent as compared to the previous week.The Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was recorded at 206.08 points against 205.6 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).The weekly SPI has been computed with base 2007-2008=100, covering 17 urban centers and 53 essential items for all income groups and combined.Meanwhile, the SPI for the combined income group was also increased by 0.3 percent as it went up from 214.91 points in the previous week to 215.59 points in the week under review.Similarly, as compared to the corresponding week of last year, the SPI for the combined group in the week under review increased by 0.14 percent.As compared to the last week, ...

Sugar export fetches US $ 171.78mn in nine months ISLAMABAD: The sugar export to different countries has fetched foreign exchange of US$ 171.78 million during first three quarters of previous fiscal year.The cropped area for sugarcane stood at 1141 thousand hectares during 2014-15 against last year's area of 1173 thousand hectares.Official sources on Wednesday said sugarcane is an important cash crop of Pakistan and is mainly cultivated for sugar and sugar- related production along with an input for paper and board industry.Sugarcane accounts for ...
Inflation at lowest rate in 12 years ISLAMABAD: Consumer Price Index (CPI) based inflation rate during the year 2014-15 witnessed an increase of 4.53 percent as compared to same period of last year which is the lowest in 12 years.On year-on-year basis, the CPI inflation increased by 3.16 percent in June, 2015 as compared to same month of last year.Similarly on month on month basis the CPI based inflation increased by 0.62 percent in June as against May, 2015, Asif Bajwa, Chief ...
Mobile phone imports increase by 15.86pc in 11 months ISLAMABAD: Mobile phone imports in Pakistan have increased by 15.86 % in first eleven months of fiscal year 2014-15 and reached US $ 653.808 million.The mobile phone exports were US $ 564.293 million in same period last year.As per figures issued by Pakistan Bureau of Statistic, on year on year and month on month basis, the mobile phone imports into the country increased by 20.72% and 3.27% as compared to imports in May 2014 and ...
Businessmen urged to explore business in CARs RAWALPINDI: The business community on Tuesday was urged to explore business opportunities in the Central Asian Republics (CARs) as vast avenues are lying unexplored in the region."The businessmen should concentrate more on exploring vistas for business in the CARs", said President Rawalpindi Chamber of Commerce and Industry (RCCI) Syed Asad Mashadi said addressing a meeting of the chamber here.Mashadi pointed out that strategic location of Pakistan needs be utilized for expanding and strengthening of the ...
Philippine opens quota of 50,000 metric tons rice from Pakistan KARACHI: Phillipine has given a share to Pakistan and offered to import 50,000 metric tons rice from the South Asian country. According to details, Philippines' The National Food Authority (NFA) has invited its private sector to participate in import of an aggregate volume of 805,200 metric tons of rice under the minimum access volume (MAV) for this year. The total import volume comprises 755,200 Mt of country-specific quota (CSQ) and 50,000 MT of omnibus origin ...
Mobile phone imports up by 15.86pc in 11 months ISLAMABAD: The mobile phone imports into the country increased by 15.86 percent during first 11 months of the year 2014-15 over the same period of last year.The imports of mobile phones into the country during July-May (2014-15) were recorded at $653.808 million against the imports of $564.293 million during same period of last year, according to the data of Pakistan Bureau of Statistics (PBS).On year on year and month on month basis, the mobile phone ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln