Pakistan's fuel panic queues reveal a behavioral trap: saving Rs 42 million cost Rs 400 million in lost time, productivity, and wasted fuel. OGRA's surprise hikes trigger herd behavior and loss aversion, demanding choice architecture reforms.
Petrol price hikes are causing severe hardships for middle- and lower-income families, increasing transport fares and essential goods costs. The government must act to provide relief.
Pakistan's middle class faces economic hardship due to inflation, stagnant wages, and rising costs, leading to a decline in living standards.
Pakistan's inflation rose to 10.9% in April 2026 from 7.3% in March, driven by higher oil prices. Food, utilities, and transport costs surged, exceeding government targets.
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Taxes, duties, and margins on petrol in Pakistan increased from Rs107.12 to Rs153.55 per litre following the US-Israel-Iran conflict, burdening consumers despite regional tensions.
World Gold Council says geopolitical risk premium will continue lifting gold prices. Bar and coin demand up 42% in Q1 2026, while jewelry demand weakens.
Unemployment in Gaza hit 68% as Israel's war destroyed 92% of buildings. West Bank joblessness rose to 28% due to permit restrictions.
Pakistan's inflation is expected to remain within 8-9 percent in April 2026 due to supply constraints from the Iran war, with key economic indicators staying stable.
Pakistan raises petrol by Rs6.51 and diesel by Rs19.39 per liter as Iran war disrupts global oil supplies. Government extends subsidies for transport.
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Karachi administration acts against 290 profiteers in two days, imposing fines of Rs 754,000 and sealing three shops. Auctions ensure official fruit and vegetable rates.
Prime Minister Shehbaz Sharif has approved a one-month extension in subsidy for transport, providing relief to commuters amid rising fuel prices.
Karachi's heat index soared to 44°C as a severe heatwave grips Sindh. Authorities urge caution, with temperatures expected to rise further.
Karachi Commissioner orders strict action against profiteers; 154 vendors fined Rs383,000, two shops sealed in ongoing campaign.
Oil prices surged 2% on Monday as geopolitical tensions between Iran and the West showed no signs of easing, raising supply concerns.
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Pakistan's rice exports fell by 38.55% in the first nine months of FY2025-26, with 3.235 million tons worth $1.894 million exported, compared to 4.678 million tons worth $2.757 million last year.
A petition in the Lahore High Court challenges the recent petroleum price hike of Rs26.77 per litre, arguing it fuels inflation and burdens the public. The court is urged to set aside the increase.
Gold prices in Pakistan rose sharply, tracking a global rally. The price per tola increased by Rs. 2,200, with international rates also climbing.
The federal government increased petrol and diesel prices by Rs26.77 per litre each, effective from April 25, 2026. Petrol now costs Rs393.35, diesel Rs380.19.
Pakistan reverses fuel relief, hiking petrol to Rs393.35 and diesel to Rs380.19 per litre, citing global oil market volatility.
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Electricity bills in Pakistan have surged due to increased fuel costs, taxes, and circular debt, putting immense pressure on households and businesses.
Federal Minister Ahsan Iqbal chaired the National Price Monitoring Committee meeting to review inflation, transport fares, and overall supply chain issues, emphasizing price stability and market monitoring.
An in-depth analysis of the economic factors driving the high price of everything, including inflation, supply chain issues, and monetary policy impacts.
With just days left until Eidul Fitr, Rawalpindi's 60 price control magistrates are failing to curb rampant inflation. A surge in fuel prices has spiked transport costs, driving up prices of essentials like chicken, eggs, and dairy, leaving consumers stru
The recent fuel price increase in Pakistan is starting to hurt the economy, affecting transportation, manufacturing, and inflation, with experts warning of broader economic consequences.
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Prime Minister Shehbaz Sharif has decided to keep petroleum prices unchanged in Pakistan, despite a significant increase in international oil markets, aiming to provide relief to citizens.
As inflation rises during Ramadan, ordinary citizens in Pakistan face severe financial strain, struggling with basic expenses like iftar and sehri. This economic pressure undermines the spiritual joy of the holy month, highlighting urgent calls for price
Official data reveals a sharp rise in petroleum product prices over 35 days, with kerosene oil up Rs147.93 per liter, high-speed diesel up Rs78.78, and petrol up Rs68, amid global market fluctuations.
Gold prices in Pakistan fell sharply, with 24-karat per tola down Rs10,000 to Rs539,962, while silver increased by Rs100 per tola. International gold dropped $100, silver rose $1.0.
The government of Pakistan has announced a significant increase in petrol prices, raising them by Rs8 per liter. This adjustment is part of ongoing economic measures and will impact consumers nationwide.
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Pakistan's Sensitive Price Indicator (SPI) inflation surged to 51.9% year-on-year, driven by sharp increases in food and fuel prices, exacerbating cost-of-living pressures for households across the nation.
