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RECORDER REPORT ISLAMABAD: Weekly inflation surged by 9.49 percent on March 29, over the same period of last week on the back of continuous increase in prices of essential commodities- vegetable, fruits, cooking oil ghee and chicken etc. The official figures of weekly inflation, Consumer Price Index (CPI), released by the Pakistan Bureau of Statistic (PBS) here on Saturday revealed that price of per kilogram cooking oil and ghee witnessed an increase of five rupee during the week. The middle income group with income from Rs12,001 to Rs18,000 was affected most by the increase in prices of essential commodities for whom inflation surged by 0.25 percent during the week. Analysts said that the increase in cost of energy, oil, CNG and electricity, as well as increased wheat support price would continue to shove inflation in the coming weeks and months. They said the inflation would spike in the last months of the current fiscal year ...

LAHORE: Pakistan Agriculture Storage and Services Corporation Limited (PASSCO) has contacted interested local buyers to sell 0.450 million tonnes of wheat and made agreement in this regard. According to PASSCO sources, transportation of wheat is going on and this process would continue till April 15, 2012. Copyright APP (Associated Press of Pakistan), 2012 ...
RECORDER REPORT ISLAMABAD: The Federal Board of Revenue has said that the refund payments have declined by around 2.3 percent in the sales tax regime during the first half of 2011-12. According to the FBR quarterly report issued here on Friday, sales tax is the leading revenue generation source of federal tax revenues. It contributed around 45% of total tax revenues. The gross and net collection of sales tax has been Rs. 403.1 billion and Rs. 381 ...
ISLAMABAD: The country's jewellary export grew by 108.94 per cent during the first eight months of current fiscal year (2011-12) as against the corresponding period of last year. The jewellary export during July-February (2011-12) was recorded at $511.994 million against that of $245.045 million during July-February (2010-11), the Pakistan Bureau of Statistics (PBS) reported. The export of gems, however, recorded 17.97 per cent decrease during the period under review against the corresponding period of last year. The gems ...
ISLAMABAD: The joint sitting of the Parliament on Friday passed Modarba Companies and Modarba (Floatation and Control) Amendment Act 2009 to protect the rights of certificate holders. Approving addition of two more sections in the existing Ordinance, the joint sitting approved some powers for the Registrar to protect the rights of certificate holders. The provision says, "notwithstanding anything contained in any other provision of this Ordinance, where the Registrar is satisfied that it is necessary and expedient, ...
ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on March 29, for the lowest income group up to Rs 8,000, has registered increase of 0.22 per cent over the previous week. The SPI for the week under review in the above mentioned group was recorded at 173.11 points against 172.73 points registered in the previous week, according to provisional figures of Pakistan Bureau of Statistics (FBS). The weekly SPI has been computed with base 2007-2008=100, ...
ISLAMABAD: The exports of fish and fish preparations surged by 14.69 percent during the first eight months of current fiscal year (2011-12) against the corresponding period of last year. The exports of fish and fish preparations were recorded at $195.284 million during July-February (2011-12) as against the exports of $170.274 million during July-February (2010-11), according to data of Pakistan Bureau of Statistics (PBS). However, in terms of quantity, the fish exports witnessed nominal increase of 0.34 percent ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln