Browsing: fuel costs

– As Pakistan grapples with increasing inflation pressures, consumers in Lahore are paying significantly above the government-mandated prices for basic food items. Official rate cuts have not translated into lower retail prices in many markets. This week, notable gaps appeared

– South Korea’s consumer prices increased by 3.1% in August compared to the previous year, according to official data. This uptick from 2.8% in July pushed headline inflation above 3%. The consumer price index reached 120.05, with 2020 established as

The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and softer demand in parts of the region. The projection stands below the 5.1% estimate issued

– Sri Lanka’s power regulator has approved an extraordinary 18% increase in electricity tariffs for households and other users with higher monthly consumption, a move aimed at covering rising generation costs and maintaining power-sector financial stability. The Public Utilities Commission

DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating from 2.0% in February as higher oil costs pushed up transport-related prices, official data showed on Thursday. On a monthly basis, the consumer price index rose