Categorie: IPO / Secondary Offering
Submitted 7 months ago by
Xpertwriter
, CEO At E-HostingJunction.com
at Spectrum Resumes , Inc
Core inflation non-food and non-energy ballooned to 9.5 per cent in March, the highest in the past couple of years as against 5.3 per cent last year, finance ministry said on Monday. This increase in the core inflation since February 2006 from 5.7 per cent was on account of rising house rent and medicare sub-indices despite tight monetary policy of the State Bank of Pakistan during the period under review. The core inflation also increased in the first nine months (July-March) of the current fiscal year (6.5 per cent), compared with the corresponding period of last year (5.8pc). Analysts said that the persistent increase in the house rent and health-care are creating serious threats, intensifying housing and health problems. The non-food inflation is also ascending upward as second round of food inflation is building pressure on non-food inflation. In March 2008, non-food inflation spiked to 9.4 per cent as against 5.5 per cent of last year on the back of a two-time increase in the domestic petroleum prices. The non-food inflation would easily cross the double digit mark due to recent third time increase in the local petroleum price. For July-March 2008, the non-food inflation remained more or less at last year�s level of 6.3pc. A report of the finance ministry showed the overall CPI-based inflation registered an increase in March 2008 as compared with previous month (February 2...
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Submitted 7 months ago by
Xpertwriter
, CEO At E-HostingJunction.com
at Spectrum Resumes , Inc
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