Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

CPI Preview: Inflation to fall to around 17% YoY in April

Foreigners inject net Rs5.7bn via SCRA during a week

September 10, 2021 (MLN): Foreign investors indulged in excessive buying during the week ended September 3, 2021 as they injected net amount of Rs5.7billion in local debt market against the withdrawal of Rs6bn

SAZGAR- Sales up by 50% MoM in Aug’21

September 10, 2021(MLN): Sazgar Engineering Works Limited (SAZEW) sold 1,242 units of three-wheelers during the month of August’21, i.e., around 50% higher than the sales of 829 units made in the previous month.

Pakistan Participates in SCO Business Council Meeting

September 10, 2021: Representing Pakistan, Mian Nasser Hyatt Maggo, President FPCCI & Chairman SCO, Business Council Pakistan, has addressed the Board Meeting of Shanghai Cooperation Organization (SCO) Business Council held in Dushanbe, Tajikistan.

Money Supply expands by Rs2.7trillion in July’21

September 10, 2021 (MLN): The total money supply circulating within the economy during the first month of FY22 has been recorded at around Rs27.56trillion, according to provisional accounts on Monetary Aggregates for the

IRSA releases 231694 cusecs water

September 10, 2021: The Indus River System Authority (IRSA) on Friday released 231694 cusecs water from various rim stations with an inflow of 199919 cusecs. According to the data released by IRSA, the

European stock markets rise at open

September 10, 2021: European stocks climbed at the open Friday, the end of a week during which equities have struggled to make gains as concerns over rising virus cases offset economic recovery hopes.

China-ASEAN Expo opens in Nanning

September 10, 2021: The 18th China-ASEAN Expo (CAEXPO) formally kicked off in Nanning, China's Guangxi Autonomous Region here on Friday aimed at providing new business and development opportunities for China, ASEAN and other

ECC approves procurement of 120,000mt wheat

September 10, 2021: Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, presided over the meeting of the Economic Coordination Committee (ECC) of the Cabinet at the Finance Division on Thursday. On the

Workers’ remittances jump by 27% YoY in Aug’21

September 10, 2021 (MLN): Workers' remittances continued their strong trend, reaching $2.66 billion in August 2021. This is the sixth consecutive month when inflows recorded around $2.7 billion on average, and the fifteen

New SME policy to boost business activities: Minister

September 9, 2021: Federal Minister for Industries and Production Khusro Bakhtiar Ahmed has said that steps on modern lines are being taken to increase small and medium entrepreneurs (SMEs) in the country. This

Local LPG price increases by Rs122.45 per 11.8-kg cylinder

February 1, 2021: The Oil and Gas Regulatory Authority (OGRA) on Monday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of February. According to the notification, the authority increased the locally

Pakistan’s Yearly inflation at 5.65 Percent in January

February 01, 2020 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in January 2021 was 5.65 percent compared to 7.97 percent in December 2020 and 14.60 percent in January 2020. The July-January average inflation is

Petrol Prices increased by Rs.2.70

January 31, 2021: Prime Minister Imran Khan Sunday while rejecting the OGRA’s summary for petrol price hike by Rs 13.18 per liter, approved a minimal increase of just Rs 2.70. The Oil and Gas Regulatory

Weekly News Roundup

January 31, 2021 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in Pakistan’s economic

Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators Weekly Performance   Jan 29, 2021 Jan 22, 2021 PKR InterBank 160.1011 160.7495 KSE100 Index 46,385.54 45,868.04 Avg Daily Volume 673,519,576 509,763,908 Gold (Karachi) Rs/10 gm 97,265 96,708 KIBOR 6M

Weekly Economic Roundup

January 31, 2021 (MLN): The latest weekly roundup covers the latest economic and financial data releases over the past week to keep an eye on next week's trends.  Pakistan's Forex Reserves decreased by USD 13.80

January CPI is down to 5.70%: Asad Umar

January 31, 2021 (MLN): January's inflation (CPI) is down to 5.70% Asad Umar disclosed through twitter. Accord to the minister, “Core inflation is at 5.4%. Last month (jul 2018) prior to PTI govt formation, CPI

Weekly SPI Increases by 7.48% YoY

January 29, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.52% during the week ended Jan 28, 2021 while the SPI increased by 7.48% compared to the corresponding period