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Economy

Inflation

Inflation

Inflation is a sustained increase in the general level of prices of goods and services in an economy. When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing …

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Interest Rates

Interest Rates

An interest rate is the cost of borrowing money, or conversely, the income earned from lending money. Interest rates are expressed as percentage of the principal per period. “Reduced interest rates encourage people to spend money on home improvements”   …

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Commodity

Commodity News

OIL PRICES SOAR AFTER DROP IN US STOCKPILES Crude oil prices rose on Thursday to extend gains from the previous session after official government data showed US stockpiles had eased from record highs. Prices surged on Wednesday after a slew …

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Commodity

Commodity News

OIL PRICES SPRING BACK Oil prices climbed on Thursday after sharp losses the session before, buoyed by strong compliance with touted international production cuts, although a surge in US crude inventories continued to drag. The Organization of the Petroleum Exporting …

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Commodity

Commodity News

GOLD INVESTORS GET A WAKE UP CALL AS US RATE-HIKE ODDS SURGE Gold investors are waking up to the reality of an increasing probability that borrowing costs in the US could rise this month. Bullion futures fell for a second …

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Commodity

Commodity News

OIL PRICES RISE AFTER DROP IN US INVENTORIES Oil prices rose on Thursday after US data showed a surprise decline in inventories, suggesting that a global glut may be ending after moves by OPEC to cut production. Benchmark Brent crude …

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Commodity

Commodity News

GOLD CLOSES UP AFTER CHOPPY TRADING SESSION Gold prices ended a choppy, two-sided trading session on the upside Wednesday. The yellow metal scored a two-week low earlier in the day after weaker US dollar index trumped some upbeat US economic …

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Economic Indicator Of Pakistan

Economic Indicator

An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. Economic indicators include various indices, earnings reports, and economic summaries.   PAKISTAN – ECONOMIC INDICATORS LABOUR Unemployment Rate …

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Commodity

Commodity News

EUROPEAN EDIBLE OILS MARKET TO CROSS US$38BN BY 2022 The edible oils market in Europe is anticipated to cross US$38 Billion by 2022, on account of changing dietary habits, growing preference for healthy edible oils and increasing urbanization. Rapeseed oils …

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Economic Indicator Of Pakistan

Economic Indicator

An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. Economic indicators include various indices, earnings reports, and economic summaries.   PAKISTAN – ECONOMIC INDICATORS Overview Last Reference …

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