Inflation-to-go-up

Electricity prices have gone up paving the way for other products to hike their prices. Research shows that a proportional increase in electricity prices leads to an approximately fourfold increase in overall expenses. According to this calculation, a 16.68 percent average price hike at the consumer...

Although the conflict in the Middle East has eased for now, its 'aftershocks' continue to persist. Rising global fuel prices have pushed up the cost of essential commodities. Inflation is also now posing a renewed threat, according to the General Economics Division (GED) of the Planning Commission.T...

The ongoing crisis in the Middle East and disruptions to oil transport through the Strait of Hormuz have placed the global energy market under significant pressure. The World Bank has warned that if this situation persists, the world could witness the largest spike in energy prices seen in four year...