Price hikes should not hurt growth

KARACHI: The recent surge in petroleum product prices and electricity tariffs is not expected to hurt economic growth in the current fiscal year, despite the fact that the price hike will immediately raise the inflation rate by about a percentage point. “Strong inflows of workers’ remittances, growth in export earnings, …

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Higher costs on goods are here to stay, SAIT

Market analysts do not see any improvement in the cost of goods in the next period and until the first half of 2022. In fact, Cyprus is one of the most affected countries compared to other countries, due to its strong dependence on imports of products and raw materials, 95% …

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