Sources recorded that trade among nations is beneficial for job creation and fuelling economic growth. Trade helps enhance living standards and promote better quality products and services at competitive prices. According to the Pakistan Bureau of Statistics (PBS), based on …
Read More »Mixed picture of Pakistan’s imports in August 2019
Foreign trade is important to the Pakistan’s economy because country needs to import various products to complete the increasing demands resulting from its economic recovery and development. Pakistan is not a major trading player in the international trade. Pakistan’s imports …
Read More »Pakistan and global export review
The World Trade Organization (WTO) revealed that the world trade will continue to face strong headwinds in the year 2019 and 2020 after growing more slowly than predicted during last year because of rising trade tensions and increased economic unrest. …
Read More »Affection of consumers buying behavior in Pakistan
International researchers revealed that the consumer behavior starting from knowing about the product and ending in actual purchase; is determined through various factors. Many studies on factors affecting consumer purchase behavior of many products are obtainable. However, relatively less research …
Read More »Review of unemployment rate and economic development
Researchers revealed that unemployment is a pessimistic phenomenon in any human society as it adversely affects in dissimilar directions and dimensions as well. Unemployment refers to an economic defect affecting the community structure. Thus, the economic and social dimensions of …
Read More »Impact of rising inflation
The Consumer Price Index (CPI) inflation in Pakistan increased by 8.8% in April 2019 as compared to an increase of 9.4% in the previous month and 3.7%, a year ago, according to the Pakistan Bureau of Statistics (PBS). The CPI …
Read More »Consumer price index rises to 9.4pc in March
The developing economies like Pakistan, which has a small economy, exports are limited to few main commodities/products and also concentrated too few markets, a large import bill and an ever rising the size population to feed, has poorly hit by …
Read More »Uptrend in CPI, SPI & WPI
The Pakistan Bureau of Statistics (PBS) calculated that the Consumer Price Index (CPI) general rose by 7.2 percent on year-over-year (YoY) basis during January 2019 as against to a rise of 6.2 percent in the last month and 4.4 percent …
Read More »Pakistan sees a slight fall in imports
The Ministry of Finance statistics showed that Pakistan’s imports are mostly concentrated in a few markets. The country’s imports from states like China, Saudi Arabia, UAE, and Indonesia constitutes greater than 50 percent of the total imports. During fiscal year …
Read More »Review of Pakistan’s imports and exports
The economists recorded that Pakistan’s terms of trade, which gauge the ratio of export to import prices, have not only been adverse, but have also deteriorated over the years, which has unfavorably impacted the economy in terms of growth and …
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