Trends - CPI inflation - Business Recorder

CPI inflation

Record inflation, but market says status quo in upcoming monetary policy

High-interest rate along with other macroeconomic measures have already put the brakes on economic growth, argues brokerage house

Updated 03 Jun, 2023 09:06pm

Pakistan

Pakistan’s headline inflation hits new record at 38% in May 2023

Food inflation leads surge in general price levels

Updated 01 Jun, 2023 06:01pm

Monthly update: Inflation to remain on upward trajectory: MoF

ISLAMABAD: Inflation to remain on a higher trajectory despite monetary tightening primarily due to rupee...

Updated 31 May, 2023 08:53am

Markets

Inflationary pressure to persist in May, warns Ministry of Finance

Inflation in May is expected to be in the range of 34-36%, says Monthly Economic Update & Outlook

Published 30 May, 2023 06:38pm

Markets

Inflation in Pakistan could reach new heights in May: report

JS Global Securities says it expects datapoint to clock in at record-high of 37.27%
Attributes this to higher increase in food prices

Updated 22 May, 2023 05:25pm

Pakistan

Macroeconomic conditions deteriorated during first half FY23: SBP

Central bank says adverse global economic conditions, uncertainty surrounding IMF programme are major concerns

Published 19 May, 2023 05:05pm

Perspectives

Pakistan’s inflation conundrum: out of the frying pan into the fire

SBP's monetary policy has proven to be an ineffective tool in curbing inflationary pressures, and has massively increased cost of doing business

Published 08 May, 2023 06:14pm

Opinion

Pakistan, and international global financial order: Revisiting macroeconomic policy

In the recently released report ‘Regional Economic Outlook: Middle East and Central Asia’ by International...

Published 05 May, 2023 06:44am

Business & Finance

Food pushes inflation to record 36.4pc in April

ISLAMABAD: The Consumer Price Index (CPI)-based inflation increased to 36.4 per cent on a year-on-year basis in ...

Published 03 May, 2023 06:35am

Markets

Pakistan’s headline inflation in April at record high, hits a distressing 36.4%

CPI inflation in rural areas increases to 40.7% on year-on-year basis in April 2023
Average inflation during 10MFY23 stands at 28.2% compared to 11% in 10MFY22

Updated 02 May, 2023 07:48pm

Markets

Inflation likely to hit fresh peak, clock in at over 38%, says brokerage house

Core inflation also expected to remain around 2.5% MoM, reflecting impact of supply chain issues, PKR devaluation, and second-round effects of increase in energy prices

Updated 29 Apr, 2023 06:12pm

Markets

Pakistan’s REER index falls to 85.6 in March 2023

Pakistan’s real effective exchange rate (REER) index depreciated to 85.6 in March 2023 as compared to 86.5 in...

Published 19 Apr, 2023 06:11pm

Business & Finance

Dollar declines, euro hits one-year high

NEW YORK: The dollar fell to a two-month low against a basket of currencies and a one-year low against the euro on...

Published 14 Apr, 2023 05:59am

Perspectives

In Pakistan, there is a ‘Game of Thrones’ no one wants to see

In a year since the current govt took power, the situation is as desperate as it can get

Updated 09 Apr, 2023 05:35pm

Opinion

Serious economic crisis due to austerity policies, and weak multilateralism

Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in...

Updated 07 Apr, 2023 06:32am

MoF lists factors causing fiscal deficit crisis

ISLAMABAD: The Finance Ministry has stated that the sharp (V-shaped) economic recovery after the control of...

Updated 04 Apr, 2023 09:02am

Markets

Pakistan’s CPI inflation reading in March clocks in at 35.4% YoY

Inflation is expected to maintain an upward trend till May, says expert

Updated 01 Apr, 2023 05:46pm

Business & Finance

Inflation could break further records, clock in above 34%: report

JS Global says higher gas and cigarette prices are among key drivers of inflation

Updated 20 Mar, 2023 03:21pm

Pakistan

Further hike in policy rate on the cards as inflation runs deep in Pakistan

Brokerage house AHL says it expects an increase of 100bps in upcoming meeting on April 4

Updated 18 Mar, 2023 03:29pm

Consumer price inflation in Pakistan second highest in South Asia: World Bank

ISLAMABAD: The consumer price inflation for food items in Pakistan was 45.1 per cent in February 2023 on a...

Updated 16 Mar, 2023 02:16pm

Markets

SBP raises key interest rate by 300bps, takes it to 20%

Monetary Policy Committee expects inflation to rise further in the next few months
Also moves next MPC meeting to April 4 from April 27

Updated 02 Mar, 2023 09:20pm

BR Research

Inflation: Wheels are coming off

Just when you think you have reached the peak – another one stares in your eyes. Pakistan’s headline national CPI...

Published 02 Mar, 2023 08:55am

Business & Finance

Feb CPI jumps 31.5pc, highest rate in nearly 50 years

ISLAMABAD: The Consumer Price Index (CPI) based inflation increased to 31.5 percent on a year-on-year basis in...

Published 02 Mar, 2023 06:23am

Business & Finance

German inflation holds steady in February at 8.7 percent

FRANKFURT: German inflation stabilised in February, preliminary figures showed Wednesday, as government support...

Published 01 Mar, 2023 07:05pm

Pakistan

Pakistan’s headline inflation reading in February hits 31.5% YoY

This is the highest YoY inflation reading since data was made available in July 1965, according to brokerage house AHL

Updated 01 Mar, 2023 07:10pm

Markets

'Higher than expectations': Pakistan's headline inflation clocks in at 27.6% in January

This is the highest inflation reading since 27.8% recorded in May 1975, says analyst
CPI inflation in rural areas increased to 32.3% on year-on-year basis in January 2023

Updated 01 Feb, 2023 04:25pm

Pakistan

Inflationary pressure expected to calm down gradually: Finance Division

In Monthly Economic Update & Outlook January 2023, it says global commodity prices showing downward trend which will lower domestic price levels

Updated 31 Jan, 2023 07:17pm

Markets

Inflation to cross 30% as rupee depreciation, petrol prices bite: report

Given bulk adjustment in currency, a 30% YoY CPI reading now seems inevitable, a brokerage house says

Updated 30 Jan, 2023 07:22pm

Business & Finance

Monetary policy: experts expect 100bps hike in policy rate

SBP's monetary policy committee is scheduled to meet on January 23 (Monday)

Published 16 Jan, 2023 03:00pm

Editorials

Analysing the inflationary spiral

EDITORIAL: December 2022 headline inflation (Consumer Price Index) rose by 24.5 percent as per the Pakistan Bureau ...

Published 04 Jan, 2023 06:02am

Gainers
Losers
Leaders

Stock	Price
Power Cem(Pref) / Jun 9 Power Cement (Pref)(POWERPS)	6 ▲ 1.00 (20.00%)
Pak Gulf Leasing / Jun 9 Pak-Gulf Leasing Company Limited(PGLC)	7.55 ▲ 1.00 (15.27%)
PICIC Ins.Ltd. / Jun 9 PICIC Insurance Limited(PIL)	0.68 ▲ 0.09 (15.25%)
Sindh Modaraba / Jun 9 Sindh Modaraba(SINDM)	8.20 ▲ 1.00 (13.89%)
Sec. Inv. Bank / Jun 9 Security Investment Bank Limited(SIBL)	5.50 ▲ 0.54 (10.89%)
Hala Enterprise / Jun 9 Hala Enterprises Limited(HAEL)	7.05 ▲ 0.65 (10.16%)
Merit Packaging / Jun 9 Merit Packaging Limited(MERIT)	8.80 ▲ 0.79 (9.86%)
Popular Islamic / Jun 9 Popular Islamic Modaraba(PIM)	10.95 ▲ 0.96 (9.61%)
Next Capital / Jun 9 Next Capital Limited(NEXT)	5.44 ▲ 0.45 (9.02%)
Ist.Dawood Bank / Jun 9 First Dawood Investment Bank Limited(FDIBL)	1.70 ▲ 0.14 (8.97%)

Stock	Price
Mod. Al-Mali (R) / Jun 9 Modaraba Al-Mali R(MODAMR1)	0.23 ▼ -0.25 (-52.08%)
F.Treet Manuf / Jun 9 First Treet Manufacturing Modaraba(FTMM)	5.36 ▼ -1.00 (-15.72%)
HBL Invest Fund / Jun 9 HBL Investment Fund(HIFA)	1.38 ▼ -0.22 (-13.75%)
Service Textile / Jun 9 Service Industries Textiles Limited(SERT)	6.50 ▼ -0.70 (-9.72%)
Tariq Corp.Pref. / Jun 9 Tariq Corporation Limited-Preference Shares(TCORPCPS)	9.49 ▼ -1.00 (-9.53%)
United Brands / Jun 9 United Brands Limited(UBDL)	10.20 ▼ -0.94 (-8.44%)
EFG Hermes Pak / Jun 9 EFG Hermes Pakistan Limited(EFGH)	11.50 ▼ -0.98 (-7.85%)
First IBL Mod. / Jun 9 First IBL Modaraba(FIBLM)	2.60 ▼ -0.22 (-7.80%)
Allawasaya Tex / Jun 9 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	2764 ▼ -224.00 (-7.50%)
Ellcot Spinning / Jun 9 Ellcot Spinning Mills Limited(ELSM)	97.52 ▼ -7.91 (-7.50%)

Stock	Volume
Unity Foods Ltd / Jun 9 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.24
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	19,470,263 ▲ 0.38
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.01
Faysal Bank / Jun 9 Faysal Bank Limited(FABL)	10,414,954 ▲ 1.25
Hascol Petrol / Jun 9 Hascol Petroleum Limited(HASCOL)	9,814,500 ▲ 0.23
Pak Refinery / Jun 9 Pakistan Refinery Limited(PRL)	9,600,621 ▼ -0.04
P.I.A.C.(A) / Jun 9 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.02
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.12
Fauji Foods Ltd / Jun 9 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.01
Telecard Limited / Jun 9 Telecard Limited(TELE)	5,453,799 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 9	286.95
USD PKR Interbank Buying / Jun 9	286.80
USD to Japanese Yen / Jun 9	139.36
USD to Swiss Franc / Jun 9	0.90
Pound Sterling to USD / Jun 9	1.25
Euro to USD / Jun 9	1.08
UK LIBOR % / Jun 8	5.07

Stock	Volume
S&P 500 / Jun 8	4293.93
Nasdaq / Jun 8	13238.52
Dow Jones / Jun 8	33833.61
India Sensex / Jun 9	62625.63
Tokyo Nikkei / Jun 9	32198.70
Hang Seng / Jun 9	19359.13
FTSE 100 / Jun 9	7602.26
Germany DAX 30 / Jun 9	15981.08
France CAC40 / Jun 9	7223.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 8	20235
Gold 10 Grams PKR / Jun 8	194616
Crude Oil USD/Barrel / Jun 9	70.85
Gold Spot USD/Ounce / Jun 9	1963.16
Cotton US¢/pound / Jun 9	81.53

CPI inflation

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