New govt will face historic food crisis – Uptrends

New govt will face historic food crisis – Uptrends

  The results for the General Election 2024 are continuing to filter in. The weeks to come will see independents swear their loyalties and a government start to take shape. But whoever eventually comes to power will have very little time to settle in.  Hitting the ground running will be particularly important when it comes … Read more

No further import of wheat needed following due to bumper crop; Food Minister – Uptrends

No further import of wheat needed following due to bumper crop; Food Minister – Uptrends

  ISLAMABAD: The Caretaker Minister for National Food Security and Research, Dr. Kausar Abdullah Malik, affirmed Pakistan’s substantial wheat supply, indicating the country’s readiness to export key food items like wheat and rice. He stated that there would be no need to import wheat as sufficient stock will be available following the bumper crop in … Read more

High food prices push short-term inflation to 43.25% – Uptrends

High food prices push short-term inflation to 43.25% – Uptrends

  Major decreases were observed in the prices of potatoes, tomatoes, vegetable ghee, cooking oil, eggs etc People buy dry fruits at a market in Karachi, Pakistan February 1, 2023. — Reuters   Weekly inflation rises by 0.37% in week ending Dec 28. SPI increases to 43.25% YoY as compared to 42.6% last week.  Major decreases observed in … Read more