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CPI-based inflation up by 7.68pc in September ISLAMABAD: The country's Consumer Price Index (CPI) based inflation rate during September 2014 increased by 7.68 percent as compared to that of September 2013.The Wholesale Price Index (WPI) and Sensitive Prices Index (SPI) in September increased by 2.74 percent and 5.37 percent respectively when compared to September 2013.On month-on-month basis, the CPI inflation increased by 0.4 percent in September 2014 compared to August 2014.According to data released by Pakistan Bureau of Statistics (PBS) on Wednesday, the average inflation rate during first three months of current year (July-September), 2014 increased by 7.52 percent over same period of last year.The WPI and SPI in September this year increased by 0.5 percent and 0.2 percent when compared with that of previous month.The food items that witnessed increase in the prices during September 2014 over August 2014 included tomatoes (33.88 percent), sugar (6.33 percent), gur (2.75 percent), honey (2.32 percent), pulse mash (2.24 percent), ...

Food department materializes measures to enhance wheat storage capacity KARACHI: Sindh Food Department is in fast process to complete construction of 767 concrete procurement platforms enhancing its wheat storage capacity to minimum 10,00,000 metric tones at any given time, said Jam Mehtab Hussain Dharki, provincial minister for food.Chairing a meeting in his office Wednesday, he said 221 of these platforms have already been completed, under development work initiated by the department while 546 are near completion."Once all these procurement platforms are completed we would ...
LCCI opposes commercialization tax on education sector LAHORE: The Lahore Chamber of Commerce and Industry has urged Punjab Chief Minister Shahbaz Sharif to take notice of the imposition of commercialization tax on the education sector.Addressing a delegation of over 100 owners and representatives of private schools, LCCI Vice President, Kashif Anwar said an LDA official during his recent visit to LCCI, had assured that private schools would not be sealed but still raids were being conducted for sealing private schools for the ...
Weekly Inflation witnesses nominal increase ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on September 25 for the lowest income group up to Rs. 8,000 registered nominal increase of 0.18 percent as compared to the previous week.The SPI for the week under review in the above mentioned group was recorded at 210.08 points against 209.70 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, ...
Eid-ul-Azha brings good business to blacksmiths ISLAMABAD: For the blacksmiths in the adjoining city of Rawalpindi the period ahead of Eid-u-Azha is a time of lucrative earnings as sale of their hand-made knives and choppers has soared while there is also a rush for sharpening the old ones.Purana Qila (old fort), a centuries old area with cluster of narrow lanes and old buildings, is the hub of the artisans.A hustle and bustle is witnessed these days in the area with customers ...
Sports goods exports post 8.3pc increase in two months ISLAMABAD: Sports goods exports from the country registered an increase of 8.30 percent during the first two months of current financial year as compared to the same period last year.During the period from July-August, 2014, sports goods worth US$ 55.013 million were exported as compared to US$ 50.79 million exports of the corresponding period of last financial year.According to the data of Pakistan Bureau of Statistics (PBS), about 617 thousand dozen footballs valuing US$ 27.957 ...
Pakistan and Japan can become business partners: Envoy ISLAMABAD: Pakistan's Ambassador to Tokyo Farukh Amil has said that Pakistan and Japan could become business partners as the present elected government was focusing on enhancing relations with countries in the South Asian region.He was talking to governor of Aichi Hideaki Ohmura during a call on the latter here Monday. They discussed ways to boost relations between the industrial heartland of Japan and Pakistan. The Governor welcomed the Ambassador after a gap of 10 years ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln