Trends - inflation - Business Recorder

Business & Finance

India inflation likely rose in August, snapping 3-month downtrend

BENGALURU: India’s retail inflation likely snapped a three-month downward trend in August as food prices surged, a...

Published 09 Sep, 2022 12:13pm

Business & Finance

Moody's retains India rating, says rising global challenges won't derail recovery

MUMBAI: Global challenges including the impact of the Russia-Ukraine conflict, higher inflation and tightening ...

Published 07 Sep, 2022 04:13am

Markets

Wall Street in the red as Fed worries persist

NEW YORK: Wall Street’s main indexes slipped on Tuesday as a stronger-than-expected reading on the US services...

Published 07 Sep, 2022 04:13am

Opinion

The continuing drift

The trade data for the month of August has revealed continuing challenges to macroeconomic framework. It is shocking...

Published 07 Sep, 2022 04:13am

World

India panel to review gas-pricing formula to tame inflation

NEW DELHI: India has set up a panel to review the pricing formula for locally produced gas to ensure a "fair price ...

Published 06 Sep, 2022 04:05pm

Pakistan

IMF programme revival credit positive, but challenges remain, says Moody’s

Rating agency says ongoing floods will add to inflationary pressures in Pakistan, while imports would also rise

Updated 05 Sep, 2022 09:18pm

BR Research

Petroleum: consumption fizzling out

After a sharp decline in July-22 and the start of FY23, petroleum sales in the country witnessed another month of...

Published 05 Sep, 2022 08:44am

Business & Finance

Turkey sees inflation at 65pc at 2022 end, C/A deficit at $47.3bn

ISTANBUL, Sept 4 (Reuters) - Turkey expects inflation to ease to 65% by the end of the year from nearly 80% in July,...

Published 05 Sep, 2022 07:34am

World

UK PM favourite Truss promises immediate action on energy

LONDON: British foreign minister Liz Truss said on Sunday she would set out immediate action in her first week in...

Published 05 Sep, 2022 07:30am

World

Germany’s Scholz announces 65bn euro inflation-busting package

BERLIN: Germany will spend at least 65 billion euros ($64.7 billion) on shielding customers and businesses from...

Published 04 Sep, 2022 06:39pm

Editorials

Reviving NPMC

EDITORIAL: It took the government four months of runaway inflation to realise that disbanding the National Price...

Published 04 Sep, 2022 05:44am

Print

IMF conveniently ignores devastation wrought by floods

Report projects 3.5pc growth against the budgeted 5pc

Updated 03 Sep, 2022 09:44am

Pakistan

Average inflation in Pakistan to clock in at 19.9% in FY23, IMF expects

Global lender fears high inflation can also result in protests in the country

Updated 02 Sep, 2022 07:29pm

Pakistan

Govt increases prices of various commodities in utility stores

Passes on impact of higher cost to consumers

Published 02 Sep, 2022 04:17pm

Pakistan

Miftah warns of food insecurity as floods dent wheat, rice crops

At event in Karachi, finance minister stresses that the 'world does not want to lend to Pakistan anymore' so it is imperative to 'live within our means' to ensure sustainable, long-term growth

Updated 02 Sep, 2022 05:24pm

Markets

Fed’s job-friendly ‘soft landing’ hinges on history not repeating

Federal Reserve officials have acknowledged that the battle against inflation will be paid for with lost jobs, and...

Published 02 Sep, 2022 10:54am

BR Research

Record inflation!

Inflation is on a record-breaking spree. The headline number stood at 27.3 percent in August 2022– the highest...

Published 02 Sep, 2022 08:38am

World

Crisis-hit Sri Lanka’s inflation hits another record

COLOMBO: Crisis-hit Sri Lanka’s inflation hit an eleventh consecutive monthly record in August, official data showed...

Published 31 Aug, 2022 07:16pm

Markets

Asian markets down again as traders eye more monetary tightening

HONG KONG: Stock markets resumed their downward trend Wednesday, with traders fearing the Federal Reserve’s...

Published 31 Aug, 2022 10:17am

BR Research

GSKCH in 1HCY22

GlaxoSmithKline Consumer Healthcare Pakistan Limited (PSX: GSKCH) recently announced its financial performance for...

Published 31 Aug, 2022 08:40am

Opinion

Escaping the jaws of stagflation

Amid elevated levels of inflation, the war in Ukraine, and rising interest rates, global economic growth is expected...

Published 31 Aug, 2022 06:27am

Life & Style

Energy price hikes could force UK pubs to shut

LONDON: British pubs could be forced to close because of massive increases in energy prices, leading industry ...

Published 30 Aug, 2022 01:17pm

Business & Finance

Country facing a number of crises: expert

KARACHI: There are a number of crises confronting the country right now, including those of energy sector, economy,...

Published 29 Aug, 2022 06:23am

Opinion

Egypt dims lights to boost foreign reserves

An economic crisis spurred by the Ukraine war is casting darkness upon Egypt’s streets, as the government dims...

Published 29 Aug, 2022 05:44am

Pakistan

Electricity bills and taxes: Farmers continue protest against rising inflation

ISLAMABAD: Farmers continued their sit-in for the second consecutive day to press the government for the fulfilment...

Published 27 Aug, 2022 07:14am

World

Taming inflation will inflict ‘pain’ on Americans: Fed

JACKSON HOLE, Wyo: Americans are headed for a painful period of slow economic growth and possibly rising joblessness...

Published 27 Aug, 2022 05:49am

Pakistan

'Repercussions of $4bn': flash floods create havoc as Pakistan's economy remains under stress

Report by brokerage house says while too early to accurately quantify, preliminary estimates suggest repercussions may include more than $4 billion
Economy to be affected by lower agriculture production, slowdown in exports, higher inflation and imports

Updated 26 Aug, 2022 06:35pm

Business & Finance

Economic outlook marred by uncertainties: MoF

ISLAMABAD: The Finance Ministry has said that Pakistan’s economic outlook is surrounded by global and domestic...

Published 26 Aug, 2022 05:35am

Pakistan

Recent floods to adversely affect Kharif crops, warns Pakistan's finance ministry

In its 'Monthly Economic Update & Outlook for August', Economic Adviser’s Wing says assessment of damages is in progress by provinces

Updated 25 Aug, 2022 07:11pm

Markets

ECB’s Lagarde: climate change has clear impact on inflation

BERLIN: The European Central Bank needs to take climate change into account when making decisions as it has a clear...

Published 25 Aug, 2022 11:53am