The consumer price index (CPI) slowed for the month of July as food costs rose slowly. Both urban and rural core inflation rising by 6.9 percent in July year-on-year. The two major contributors to the overall inflation remained "Food" and the "Housing, Water, Electricity, Gas & Fuels" sector.
But a fresh outbreak has thrown that record into jeopardy, as the fast-spreading Delta variant reaches dozens of cities after infections among airport cleaners in Nanjing sparked a chain of cases that have been reported across the country.
The Minister of Energy slammed Pakistan's leading news publication Dawn for publishing fake news claiming that the state-run oil company PSO had bought LNG at the second highest ever price of $20 MMBTU.
Leading auto manufacturers in Pakistan Toyota and Suzuki have posted record monthly sales of vehicles in the month of July. The experts attribute this record to the uptick of car financing in the country following low cost of borrowing for consumers.
Following Prime Minister Imran Khan's consultation with the leading exporters, Abdul Razak Dawood and Shehbaz Gill explained how the government's policies in the past have led to positive results. Numbers on the government's targets and achievements were also shared by Mr. Dawood.