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Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,300
2024hr
Pakistan Cases
1,265,650
60324hr
1.38% positivity
Sindh
466,154
Punjab
438,133
Balochistan
33,133
Islamabad
106,504
KPK
176,950

INEGI

Mexico inflation quickens more than expected to nearly 2-year high
World

Mexico inflation quickens more than expected to nearly 2-year high

  • The national statistics agency (INEGI) said consumer price inflation quickened to 4.12% during the first two weeks of March, beating the final consensus forecast of a Reuters poll of analysts for a headline reading of 3.91%.
  • "Overall, this data release is probably the final nail in the coffin for Banxico's easing cycle. We expect it to keep the policy rate on hold at 4.00% at tomorrow's meeting," said Nikhil Sanghani, an analyst at Capital Economics.
Published 24 Mar, 2021 07:44pm
Mexican economy ended 2020 stronger than first estimated
World

Mexican economy ended 2020 stronger than first estimated

  • National statistics agency INEGI said the economy grew by 3.3% in the fourth quarter of 2020 compared with the previous three-month period, revising up its Jan. 29 preliminary estimate that gross domestic product (GDP) had expanded by 3.1%..
  • That is the biggest decline since 1932 during the Great Depression.
Published 25 Feb, 2021 09:03pm
Mexico early-January prices rise faster than expected
World

Mexico early-January prices rise faster than expected

  • The median forecast of 12 analysts polled by Reuters was for inflation to tick up to 3.17% in early January from 3.08% in the second half of December.
  • The closely watched core price index, which strips out some volatile food and energy prices, climbed 0.24% in early January.
Published 22 Jan, 2021 06:30pm