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Articles for tag: core inflation, CPI, economy, food inflation, Inflation, pakistan bureau of statistics, Transport

How Climate Change Affects Global Food Security

Climate change poses a significant threat to global food security. Rising temperatures, erratic weather patterns, and increasing frequency of extreme events disrupt agricultural productivity. Crops like wheat, rice, and maize are particularly vulnerable, leading to reduced yields and higher food prices. In addition, climate change exacerbates water scarcity and soil degradation, further hindering food production. Livestock farming is also affected, with heat stress and changing pasture conditions impacting animal health and productivity. To address these challenges, sustainable farming practices, such as crop diversification, conservation agriculture, and efficient water management, are essential. Governments and international organizations must also invest in research

December 21, 2024

News Desk

Weekly inflation up 0.38%

Listen to the article KARACHI: Pakistan’s weekly gauge of inflation, as measured by the Sensitive Price Index (SPI), rose 0.38% due to a rise in food prices in the week ending December 19, 2024. According to the latest data from Pakistan Bureau of Statistics (PBS), the rise in inflation marked the second consecutive week of increase, after last week’s reading of 0.07%. Short-term inflation rose 4.64% compared to the same week last year. Consumers were under increasing price pressure as groceries continued to become more expensive in the week under review. The rise in weekly inflation came days after the

September 3, 2024

News Desk

Inflation slows to three-year low

Islamabad: Pakistan’s annual inflation rate eased to 9.6 percent in August, the lowest level in nearly three years, due to a higher base effect and lower prices for non-perishable food items. However, there was a notable double-digit acceleration in the prices of other basic goods. The Pakistan Bureau of Statistics reported on Monday that inflation slowed to 9.6 percent in August compared to the same month last year. This is the slowest rate since October 2021 when it was recorded at 9.2%. Details show that the decline in inflation is attributed to higher inflation rates in August last year and

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