Trends - inflation - Business Recorder

inflation

Egypt's December headline inflation decelerates to 5.4%

Month-on-month, the headline indicator showed deflation.

Published 10 Jan, 2021 01:04pm

Pakistan

Weekly inflation witnesses nominal increase of 0.06pc

The weekly SPI with base year 2015-16=100 is covering 17 urban centers and 51 essential items for all expenditure groups.

Published 09 Jan, 2021 07:23pm

‘Digital’ step to help contain inflation: PM

ISLAMABAD: Prime Minister Imran Khan on Friday said the digital system launched by the government to monitor...

Published 09 Jan, 2021 02:47am

Business & Finance

India's Dec retail inflation likely fell to within RBI target

Infrastructure output, which accounts for about 40% of total industrial production, contracted 2.6% in November.

Published 08 Jan, 2021 09:22am

Business & Finance

Mexico annual inflation rate was 3.15pc in December

Inflation largely eased in the last month of 2020 as prices for food items decreased.

Published 07 Jan, 2021 08:16pm

Business & Finance

Mexican inflation likely dips to 7-month low in December

If the estimate is confirmed, it would be the lowest rate of inflation since May, when the consumer price index stood at 2.84pc.

Published 06 Jan, 2021 12:19am

Pakistan

Corrupts can not lead movements: Shibli

He said the government was ready to hold dialogue with the opposition on every important issue except NRO (National Reconciliation Ordinance).

Updated 05 Jan, 2021 03:06am

BR Research

CPI finally easing

Finally, a moment of sigh. The upward streak of monthly inflation is broken. In Dec20, the inflation was down by ...

Published 04 Jan, 2021 07:25am

Business & Finance

Sensitive Price Index falls to 6.13pc: Asad Umar

Pakistan was able to achieve the lowest level of SPI in the last two years under the current government, according to Asad Umar.

Updated 01 Jan, 2021 05:56pm

Pakistan

PM approves online agri dashboard to monitor food prices, availability

The Prime Minister directed need for urgent measures to control inflation of items such as flour, sugar and pulses.

Published 31 Dec, 2020 08:09pm

Pakistan

2021 to begin new era of progress, prosperity in country: LCCI

The office-bearers said that the large manufacturing industries grew by 4.81 percent in the first quarter of the current year.

Published 31 Dec, 2020 07:59pm

Markets

South Korea December inflation inches down, 2020 rate at 0.5%

The average consumer inflation rate for the whole year inched up to 0.5% from a record low.

Published 31 Dec, 2020 12:00pm

BR Research

Milk and wheat: correlation breakdown?

In the throes of global commodity crisis of 2008, Pakistan saw national average wheat prices rise by 70 percent over...

Published 31 Dec, 2020 07:40am

Business & Finance

U.S. Treasury yields 2020 drop makes way for slow grind back in 2021

Prices for gold, which often struggles to compete with yield-bearing investments, are up about 24% year-to-date, its best year in a decade.

Published 31 Dec, 2020 03:55am

Markets

Argentina suspends corn exports to ensure domestic food supplies

The South American grains powerhouse is a major international corn, soybean and wheat supplier as well as the world's top exports of soymeal livestock feed.

Published 31 Dec, 2020 01:14am

Business & Finance

Inflation steadily declining for the past four weeks: Finance Ministry

During the meeting, the Secretary MNFS&R presented before NPMC the current status of wheat and sugar stocks.

Published 22 Dec, 2020 10:44am

Pakistan

Inflation major challenge, not any movement: Swati

He said that a comprehensive business plan for early revival of the railways would be introduced; however, he added that reforms always took time to produce results.

Published 19 Dec, 2020 08:45pm

Markets

Philippine central bank maintains 2pc to 4pc inflation target through 2024

"The assessment of factors that could influence inflation suggests manageable inflation environment over the near term," the central bank said.

Published 19 Dec, 2020 05:05pm

Markets

Turkey's central bank to hike rates another 150 points

This week, Agbal said Turkey will keep monetary policy tight in the new year and hike interest rates further if necessary to achieve a lasting fall in inflation.

Published 18 Dec, 2020 06:32pm

Markets

Gold set for third weekly gain as traders eye U.S. fiscal stimulus

U.S. Congressional lawmakers scrambled to pass a coronavirus aid package on Thursday with both parties saying that failure to reach an agreement was no longer an option.

Published 18 Dec, 2020 03:35pm

Business & Finance

Surging investor interest sends bitcoin to peak past $23,000

The 2020, rally has also been driven by increasing expectations it will become a mainstream payment method, with PayPal opening its network to cryptocurrencies.

Published 17 Dec, 2020 05:30pm

Business & Finance

ECB stands ready to offset exchange rate impact on inflation

ECB policymakers have grown concerned about the exchange rate as the euro has risen to its highest level against the dollar since April 2018.
The ECB does not have an exchange rate target. But as (ECB President) Christine Lagarde said we are and will be very vigilant about the effects of the exchange rate on inflation.

Published 17 Dec, 2020 01:03am

Pakistan

USC continues passing on govt subsidy to people

The official informed that since January, 2020, USC has served 40.28 million households by ensuring supply of staple food items at subsidized rates.

Published 16 Dec, 2020 06:16pm

Business & Finance

Weekly SPI declines 0.26pc amid fall in food prices

During the week, out of 51 items, prices of 16 (31.37pc) items increased, 13 (25.49pc) items decreased and 22 (43.14pc) items remained constant.

Published 11 Dec, 2020 03:53pm

Business & Finance

Ukraine to keep main interest rate at 6pc over inflation concerns

Ukraine received $2.1 billion from the IMF shortly after securing a new deal in June. But the programme has been derailed by concerns over Kyiv's performance on reforms.

Published 07 Dec, 2020 07:50pm

Business & Finance

Pakistan inflation rate remains in single digits, says Asad Umar

The reduction in the rate of inflation has been sustained now for the past several weeks with SPI consistently in single digits, he added.

Published 04 Dec, 2020 12:29pm

Business & Finance

Weekly SPI record increase of 0.24pc as price of food items rise

During the week, out of 51 items, prices of 13 (25.49%) items increased, 18 (35.29 %) items decreased and 20 (39.23%) items remained constant.

Published 21 Nov, 2020 10:27am

Business & Finance

PM Khan vows to bring inflation further ‘under control’

The Prime Minister vowed that “InshaAllah, we will bring inflation further under control.”

Published 14 Nov, 2020 11:50am

Markets

Inflation in Sudan hits record 212 percent

That compares to 50 pounds when a transitional government took over following the April 2019 fall of autocrat Omar al-Bashir.

Published 14 Oct, 2020 02:55am

Pakistan

SPI inflation increases 0.71pc

SPI for the combined consumption group in the week under review witnessed an increase of 8.72 percent.

Published 19 Sep, 2020 06:38pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	154.33
USD to Swiss Franc / May 16	0.90
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 15	5308.15
Nasdaq / May 15	16742.39
Dow Jones / May 15	39908
India Sensex / May 16	72771.48
Tokyo Nikkei / May 16	38920.26
Hang Seng / May 16	19336.77
FTSE 100 / May 16	8411.75
Germany DAX 30 / May 16	18842.52

Item	Value
Crude Oil USD/Barrel / May 16	78.95
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2388.50
Cotton US¢/pound / May 16	76.84
Petrol/Litre / May 17	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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