Displaying items by tag: Pakistan Bureau of Statistics
Pakistan: The Competition Commission of Pakistan (CCP) has launched an investigation into alleged collusion between cement companies that may have been the cause of a localised cement price spike in northern Pakistan. On 25 July 2020 the Pakistan Bureau of Statistics (PBS) recorded cement price rises of up to 8.9% in Punjab and Khyber Pakthunkhwa compared to a month earlier, according to the Profit newspaper. Officials had predicted a nationwide price drop after the government abandoned the Federal Excise Duty (FED) on cement in June 2020. Prices have decreased by a small margin in the southern regions of Balochistan and Sindh.
The Ministry of Industries and Production previously asked producers to lower cement costs in May 2020 in order to boost construction in the interest of the post-coronavirus lockdown economic recovery.
Pakistan cement exports fall in second quarter of 2019
05 August 2019Pakistan: Data from the Pakistan Bureau of Statistics shows that cement exports fell by 2.5% year-on-year to 1.16Mt in the second quarter of 2019 from 1.22Mt in the same period in 2018. After a strong first quarter exports remained high in April 2019 before starting to decline in May and June. Overall, exports rose by 22.8% year-on-year to 2.7Mt in the first half of 2019.
Annual Pakistan cement exports grow by 40% to 6.41Mt
23 July 2019Pakistan: Data from the Pakistan Bureau of Statistics shows that cement exports grew by 40% year-on-year to 6.41Mt in the financial year to the end of June 2019 from 4.56Mt in the same period in 2018. The value of the exports rose by 22% to US$272m from US$223m.