Human rights: Inflation threatens everyone’s right to development

Sep 16, 2022, at 05:20 pm

Rising global inflation is expected to hit emerging and developing economies particularly hard this year, adding to a “confluence of crises” that threatens us all, the UN’s acting human rights chief has warned.

Pakistan's August inflation spikes to 27.26pc, highest in 49 years

Sep 02, 2022, at 02:56 pm

Data released by the Pakistan Bureau of Statistics (PBS) on Thursday showed the country's  inflation measured by the Consumer Price Index (CPI) shot up to 27.26 per cent year-on-year (YoY) in August.

Pakistan: Inflation breaking all records as SPI climbs to 44.58 percent

Aug 29, 2022, at 02:22 am

Islamabad: Pakistan's inflation measured by the Sensitive Price Index has reached the highest level in the history of the country due to an increase in the prices of petroleum products and disruption in the supply of commodities amid ravaging flood situation in the country, media reports said on Sunday.

Pakistan's weekly inflation rate touches all-time high of 42.3pc

Aug 21, 2022, at 05:04 am

Islamabad: Pakistan Bureau of Statistics (PBS) on Friday stated that the inflation measured by the Sensitive Price Index (SPI) has moved up sharply in the previous week to touch 42.3 percent year-on-year basis in August.

Inflation in Austria to move past 7 pct for first time since 1970s oil crisis

Jul 12, 2022, at 02:47 pm

Vienna/UNI/Sputnik: Austria's inflation rate this year will peak at 7.6%, hitting the record since the global oil crisis of 1970s, according to an inflation forecast published by the Austrian National Bank (OeNB) on Monday.

Pakistan: Inflation hits two-year high at 13.4pc in April

May 04, 2022, at 02:41 am

Islamabad: Pakistan, a country facing a high economic crisis, witnessed the inflation rate to climb up and touch 13.4 percent in April, a two-year high from 12.7 percent in the previous month on the back of a persistent increase in prices of perishable and non-perishable products, media reports said on Tuesday.

Canada's annual inflation rate hits a new 31-year high of 6.7 pct in March

Apr 21, 2022, at 02:11 am

Ottawa/ IBNS: The rise in Canada's inflation rate to 6.7 per cent in March, exceeded economists' expectations with a full percentage point higher than February's already 30-year high, Statistics Canada reported Wednesday.

Pakistan: People find trouble as inflation rate touches 12.7 pct in March

Apr 02, 2022, at 12:36 am

Islamabad: People in Pakistan might be facing more troubles as the inflation rate jumped to 12.7 percent in March.

Pakistan: People find trouble as inflation rate touches 12.7 pct in March

Apr 02, 2022, at 12:24 am

Islamabad: People in Pakistan might be facing more troubles as the inflation rate jumped to 12.7 percent in March.

Canada: Quebec's spring budget to offset inflation impact, offers one-time payment of $500 to adults

Mar 24, 2022, at 04:56 am

Quebec/IBNS: With a motive to help offset the impact of inflation, Quebec’s spring budget is including a one-time payment of $500 to every adult earning $100,000 or less with the cash scheduled to arrive a few months ahead of the provincial election.

Canada: British Columbia to increase minimum wage to $15.65 per hour, highest among provinces

Mar 23, 2022, at 05:33 am

Vancounver/IBNS: Harry Bains, Labour Minister of British Columbia (BC), announced on Monday that BC's hourly wage will jump by 45 cents to $15.65 per hour starting June 1.

Inflation, jobs continue to remain top concerns in Pakistan: Opinion poll

Mar 08, 2022, at 11:57 pm

Islamabad: Unemployment remained one of the key concerns for Pakistan after inflation even after several years of Pakistan Tehreek-e-Insaf (PTI) government's rule which had promised to create 10 millions jobs, an opinion poll has revealed.

People finds rising inflation trend as the worst news received in 2021: Pakistani survey

Feb 11, 2022, at 09:24 pm

Islamabad: A Survey conducted in Pakistan showed 25 percent of people believed the trend of rising inflation is the worst news they received in 2021.

Rising caseloads, disrupted recovery, higher inflation: New IMF forecast

Jan 26, 2022, at 05:30 pm

New York: The global economy is entering 2022 in a weaker position than previously expected, the International Monetary Fund (IMF) announced on Tuesday, in an update to their World Economic Outlook (WEO).

About 60 pct of Canadians struggling to provide enough food for their families, a new poll says

Jan 22, 2022, at 05:22 am

Toronto/IBNS: A new poll from the Angus Reid Institute, released on Friday, shows that 57 percent of Canadians are struggling to feed their family recently, an increase from 36 percent in 2019.

Canada's annual inflation rate rises to 4.8 pct in Dec, highest since 1991: says Statistics Canada

Jan 20, 2022, at 04:30 am

Ottawa/IBNS: The annual pace of inflation in Canada climbed to 4.8 per cent in December, the highest since 1991, says Statistics Canada.

Survey shows more than 50pc of Pakistanis hold govt incompetence responsible for inflation

Dec 11, 2021, at 12:44 am

Islamabad: A survey conducted by Transparency International Pakistan, a national chapter of Germany-based Transparency International (TI), has showed over 50 percent of Pakistanis believe that the country is facing problems of rising inflation and unemployment due to the “incompetence” of the Imran Khan-led Pakistan Tehreek-i-Insaf (PTI) government.