Trends - inflation - Business Recorder

inflation

Turkey holds key rate at 19pc

ANKARA: Turkey’s central bank on Thursday held its main interest rate at 19 percent while hinting that it may be...

Updated 07 May, 2021 10:01am

BR Research

WPI keeps inflation concerns high

The CPI inflation at 11 percent for April 2021 surprised quite a few. Some are quick to brush it aside as a one-off...

Published 06 May, 2021 07:35am

Business & Finance

Current COVID wave threatens Pakistan's economic recovery: Tarin

“The current IMF program was quite difficult and such conditions were imposed, which has a political cost as well," said Tarin.

Published 05 May, 2021 03:27pm

BR Research

The vicious cycle of price control

Commodities routinely subjected to price control are also worst hit by inflationary spiral in the long-term. That is...

Updated 05 May, 2021 12:09pm

Opinion

Any rate hike may add to people’s misery

State Bank of Pakistan (SBP) will soon be announcing its Monetary Policy Statement. No surprise is expected, in ...

Published 05 May, 2021 04:01am

Business & Finance

Pakistan Prosperity Index dips amid third COVID peak: Report

This figure signals a decrease in economic prosperity largely driven by reduced business confidence amid the 3rd peak of Covid-19. `

Published 04 May, 2021 01:36pm

Markets

US to see growth boom, but Fed's Williams says inflation not a worry

He credited the Fed's stimulative policies, including interest rates near zero, with having "positive effects" on the economy, enabling Americans to purchase homes and big-ticket goods.

Published 04 May, 2021 10:12am

BR Research

Petrol prices: Multiyear low Petroleum Levy

The inflation pressure is telling on the government. The benchmark Arab Light crude oil price for the first May...

Published 04 May, 2021 07:30am

Markets

Europe stocks rise as Asia falls on inflation risks

Paris and Frankfurt stock markets were up at midday.

Published 03 May, 2021 04:58pm

BR Research

The roaring inflation dragon

There is no respite to the inflation dragon. Food prices are not coming in control. Global commodity prices upward...

Published 03 May, 2021 07:25am

Apr CPI inflation up 11.1pc YoY

ISLAMABAD: The Consumer Price Index (CPI)-based inflation increased by 11.1 percent on year-on-year basis in April...

Published 02 May, 2021 03:23am

Editorials

Inflation time bomb ticks away

EDITORIAL: That the gap between actual prices of essential food items and rates fixed by district administrations ...

Published 01 May, 2021 03:28am

Business & Finance

US consumer spending rebounds; inflation warming up

WASHINGTON: US consumer spending rebounded in March amid a surge in income as households received additional ...

Published 01 May, 2021 03:28am

ADB projects 2pc growth, 8.7pc inflation

ISLAMABAD: The Asian Development Bank (ADB), while projecting slower growth for agriculture sector of Pakistan, has...

Published 29 Apr, 2021 03:52am

Business & Finance

Pakistan‘s inflation rate expected to remain 8-9.5pc in April

The monthly bulletin was of the view that the recent increases in international and domestic energy prices are expected to have transitory effects on inflation.

Published 28 Apr, 2021 02:10pm

Markets

Mild inflation data helps Australia shares snap 2-day loss

Gold miners and iron ore miners skidded 4.4% and 1.3%, respectively, as bullion prices fell to a one-week low and Chinese iron ore futures retreated from record highs on Wednesday.

Published 28 Apr, 2021 01:28pm

Business & Finance

Pakistan's economy projected to rebound this year: ADB

Assuming the COVID-19 vaccine rollout is successful and economic stabilization measures are implemented, growth is expected to accelerate to 4pc in 2022 with improved consumption and investor confidence.

Published 28 Apr, 2021 10:57am

Markets

Gold steadies in Asia

SINGAPORE: Gold held steady in Asian trade on Tuesday as market awaits a US Federal Reserve meeting for cues on its...

Published 28 Apr, 2021 03:18am

Business & Finance

US consumer confidence soars to 14-month high; house prices accelerate

WASHINGTON: US consumer confidence jumped to a 14-month high in April as increased vaccinations against COVID-19 and...

Updated 28 Apr, 2021 10:04am

Pakistan

PBIF chief warns govt over plan to increase power tariff

KARACHI: Chairman of National Business Group and President Pakistan Businessmen and Intellectuals Forum, Mian Zahid...

Published 25 Apr, 2021 03:13am

BR Research

Arresting interest rate trends

There seems to be a change of heart in banks’ treasury offices. This is suggested by the decline in T-Bills yields...

Published 23 Apr, 2021 07:25am

Tarin takes inputs ahead of Budget

ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin has started taking inputs from various departments of the...

Published 22 Apr, 2021 03:55am

Business & Finance

Sterling holds ground against dollar

LONDON: Sterling held its ground against the dollar on Wednesday as traders assumed a rise in inflation in March...

Updated 22 Apr, 2021 09:47am

Editorials

A better approach to price hike

EDITORIAL: Federal Finance Minister Shaukat Tarin directed the Federal Bureau of Statistics (FBS) to add 19 cities ...

Published 21 Apr, 2021 03:21am

Business & Finance

Tarin's target of achieving 6-7pc GDP growth not an easy task, says expert

Najam was of the view that despite challenges, the government should target to achieve a 6pc to 7pc growth rate and utilize all the resources at its disposal especially low-interest rate (policy rate).

Published 20 Apr, 2021 10:57am

BR Research

Petrol prices: More relief – less taxes

Pakistan rupee averaged the lowest since July 2019 in the first fortnight of April 2021. Much improved currency made...

Published 20 Apr, 2021 07:40am

Business & Finance

Sterling rises against dollar, euro

LONDON: The pound rose 1% to hit a one-month high against the dollar on Monday at the start of a data-heavy week ...

Updated 20 Apr, 2021 10:02am

Markets

Gold firms as softer US dollar, yields lift appeal

Some investors view gold as a hedge against higher inflation that could follow stimulus measures.

Published 19 Apr, 2021 11:24am

BR Research

Real beneficiaries of public sector wheat procurement?

Fresh financing required for nationwide procurement operations during the ongoing wheat harvest season may exceed Rs...

Published 16 Apr, 2021 07:25am

Business & Finance

Turkey’s central bank holds interest rate at 19pc under new chief

ANKARA: Turkey’s central bank on Thursday held its main interest rate at 19 percent in the first decision since...

Updated 16 Apr, 2021 09:53am

Gainers
Losers
Leaders

Stock	Price
786 Investments / May 9 786 Investments Limited(786)	7.55 ▼ 0.00 (0.00%)
AL- Abbas / May 9 Al-Abbas Sugar Mills Limited(AABS)	352.25 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	68.92 ▼ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	780.20 ▼ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / May 9 Attock Cement Pakistan Limited(ACPL)	161.23 ▼ 0.00 (0.00%)
Adam Sugar / May 9 Adam Sugar Mills Limited(ADAMS)	23.50 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / May 9 786 Investments Limited(786)	7.55 ▼ 0.00 (0.00%)
AL- Abbas / May 9 Al-Abbas Sugar Mills Limited(AABS)	352.25 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	68.92 ▼ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	780.20 ▼ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / May 9 Attock Cement Pakistan Limited(ACPL)	161.23 ▼ 0.00 (0.00%)
Adam Sugar / May 9 Adam Sugar Mills Limited(ADAMS)	23.50 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 7	152.30
USD PKR Interbank Buying / May 7	152.20
USD to Japanese Yen / May 7	108.60
USD to Swiss Franc / May 7	0.90
Pound Sterling to USD / May 7	1.40
Euro to USD / May 7	1.22
UK LIBOR % / May 7	0.06

Stock	Volume
S&P 500 / May 7	4232.60
India Sensex / May 7	49206.47
Tokyo Nikkei / May 7	29357.82
Nasdaq / May 7	13752.24
Hang Seng / May 7	28610.65
FTSE 100 / May 7	7129.71
Dow Jones / May 7	34777.76
Germany DAX 30 / May 7	15399.65
France CAC40 / May 7	6385.51

Item	Value
Crude Oil / May 7	64.90
Karachi Cotton Assoc. / May 7	11300.00
Gold 10 Grams / May 7	89163.00
Gold Spot / May 7	1831.30
Cotton / May 7	89.66

inflation

Turkey holds key rate at 19pc

WPI keeps inflation concerns high

Current COVID wave threatens Pakistan's economic recovery: Tarin

The vicious cycle of price control

Any rate hike may add to people’s misery

Pakistan Prosperity Index dips amid third COVID peak: Report

US to see growth boom, but Fed's Williams says inflation not a worry

Petrol prices: Multiyear low Petroleum Levy

Europe stocks rise as Asia falls on inflation risks

The roaring inflation dragon

Apr CPI inflation up 11.1pc YoY

Inflation time bomb ticks away

US consumer spending rebounds; inflation warming up

ADB projects 2pc growth, 8.7pc inflation

Pakistan‘s inflation rate expected to remain 8-9.5pc in April

Mild inflation data helps Australia shares snap 2-day loss

Pakistan's economy projected to rebound this year: ADB

Gold steadies in Asia

US consumer confidence soars to 14-month high; house prices accelerate

PBIF chief warns govt over plan to increase power tariff

Arresting interest rate trends

Tarin takes inputs ahead of Budget

Sterling holds ground against dollar

A better approach to price hike

Tarin's target of achieving 6-7pc GDP growth not an easy task, says expert

Petrol prices: More relief – less taxes

Sterling rises against dollar, euro

Gold firms as softer US dollar, yields lift appeal

Real beneficiaries of public sector wheat procurement?

Turkey’s central bank holds interest rate at 19pc under new chief

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