Inflation and devaluation
IN December 2023, consumer prices were 29.7 per cent higher compared to December a year earlier. Worse still, every month for more than a year our year-on-year inflation number has been above…
IN December 2023, consumer prices were 29.7 per cent higher compared to December a year earlier. Worse still, every month for more than a year our year-on-year inflation number has been above…
In the year 2016 an operational limit to the debt-ceiling was introduced whereby the annual federal deficit (excluding grants) was not to exceed 4% of GDP over the period FY2018-21…
The Pakistan Bureau of Statistics (PBS) has released the estimate of the rate of inflation in the national Consumer Price Index in September 2023. There is a visible spurt. It…
According to a recent survey, inflation and poverty are the biggest issues in Pakistan. No one could have any doubts about the findings. The question is: what are the drivers…
There is finally some good news on the rate of inflation. The month of June has witnessed a big dip in the rate of inflation in the CPI of 8.6…
Britain’s retail lenders are withdrawing fixed home-loan products, as elevated inflation sparks fears of more Bank of England interest rate hikes and worsens the cost-of-living crisis. UK banks mostly offer…
“If you’ve been feeling confused and as though everything is impacting on you all at the same time, this is not a personal, private experience,” says historian Adam Tooze. “This…
The rate of inflation, as measured by the Consumer Price Index (CPI), has been persistently rising since September 2022, on a year-to-year basis. It was 23.2 percent in September 2022…
The Fed has been much derided for its 2021 characterisation of the spike in inflation being ‘transitory’ – to the extent that Mohamed El-Erian asked ChatGPT to write a poem…
The SBP (State Bank of Pakistan) is trying to check inflation through just one instrument, the interest rate, based on the theological belief that the issue is demand, ignoring other,…