Short-term inflation in Pakistan reaches its lowest level in 6.5 years – Trendy Blogger

Short-term inflation in Pakistan reaches its lowest level in 6.5 years

 – Trendy Blogger

: Pakistan’s Sensitive Price Index (SPI) inflation rate fell to its lowest level in six and a half years, rising by just 1.16% year-on-year (YoY) for the week ending January 16, 2024. This data was shared by the Pakistan Bureau of Statistics (PBS) and analyzed by Topline Securities. Year-on-year inflation reflects rising prices of basic … Read more

The government adjusts profit rates on short-term savings certificates – Trendy Blogger

The government adjusts profit rates on short-term savings certificates

 – Trendy Blogger

ISLAMABAD: The Central Directorate of National Savings (CDNS) has reduced profit rates on short-term savings certificates (STSCs), effective December 2024, due to lower inflation in the country. Introduced in 2012, it caters to the short-term financing needs of investors and offers three-month, six-month and one-year maturity options. These certificates are available to Pakistani nationals and … Read more