Growth & inflation statistics
OUR inflation data compiled by the Pakistan Bureau of Statistics (PBS) is one the best datasets in the country. Its coverage is wide and not only does it follow data…
Our endemic inflation
HAS inflation in Pakistan become endemic? In terms of its intensity, the spell of inflation being experienced today has not been witnessed earlier. Consumer Price Index (CPI) inflation has been…
Modern money & inflation
MILTON Friedman was a powerful magician. His words charmed people into believing that night was day, against the evidence of their own eyes. Friedman’s maxim that “inflation is everywhere and…
Inflation and its discontents
PAKISTANIS are experiencing the most severe cost-of-living crisis in their lifetime. Since April last year, official consumer price inflation has recorded a cumulative increase of 33 per cent (annualised). This…
The inflation stew
THIS is the first time in more than two decades that inflation has actually risen when the implementation of an IMF programme begins. Consider that interest rates hit their peak…
Inflation and devaluation
There was however positive news in the recent inflation data too. Prices in December rose by only 0.8pc over November, which was the second smallest monthly increase in a…
Inflation decline and no feel-good factor
The July inflation data was released by the Pakistan Bureau of Statistics (PBS) on the 1 of August, showing a decline in the Consumer Price Index to 11.1 percent as…
Need for revisiting 2 percent inflation target
‘The stock market crash is – perhaps – the long-awaited signal of a US economic slump.…The market meltdown and impending recession come over two full years after the Federal Reserve started hiking…
Big fall in the rate of inflation
The Pakistan Bureau of Statistics (PBS) has come up with a very pleasant surprise. The year-to-year rate of inflation, as measured by the Consumer Price Index (CPI), has come down…
Inflation vs growth: misplaced priorities
Although the inflation number for May has come down to 11 per cent from over 30 per cent in May last year, inflation for this fiscal year is still 24…
