IEMOP, which operates the Wholesale Electricity Spot Market (WESM), said the average cost of electricity traded declined to P5.97 per kilowatt-hour (kWh), 3 percent down from a…
The disinflation seen over the past months could give BI room to cut lending rates, but domestic inflation is not the only factor the central bank considers in its monetary policy…
Sources had said the prices of these major products had decreased in the international market by about $2 and $3 per barrel, respectively, in the last fortnight.
The trade department said the price control includes essential goods and certain medicines classified as essential by the health department.
Core inflation, which excludes private transport and accommodation costs to better reflect the expenses of households here, dropped to 2.9 per cent year on year, after sticking…
The Prime Minister said rationalisation of fuel subsidies was necessary to balance the need between increasing government revenue and paying off national debt.
Compared with June last year, price increases were recorded in alcoholic drinks and tobacco, meals out and takeaway food, miscellaneous services, transport, housing, miscellaneous…
A statement issued by the Afghan Taliban media claimed that since Pakistan increased customs duty on fresh fruits and vegetables recently, many traders quoted by them stated that…
Edible oils, drinks, building materials, and consumer goods are imported to the local market through the Myawaddy border.
Experts believe the move, which currently remains under deliberation, could play into inflation and reduce people’s purchasing power, thereby risking shock to the economy.