LONDON: Transport costs helped the UK’s inflation rate turn positive in May after one month of negative inflation.
Inflation, as measured by Consumer Prices Index (CPI), rose to 0.1% in May, up from -0.1% in April.
The biggest contribution to the rise came from transport, notably air fares, the Office for National Statistics said.
In April, CPI inflation turned negative for the first time since 1960, mainly due to a drop in air and sea fares.
LAHORE: The Federal Tax Ombudsman (FTO) has made online hearings the default mode for resolving tax complaints at its headquarters...
Pakistan Customs has ordered officials to clear the backlog of import and export containers at the Karachi International Container Terminal...
KARACHI: Pakistan's cotton production has dropped to less than half of its historic peak, causing the country an estimated annual...
ISLAMABAD: Iran's Deputy Minister of Transport Mehran Ghorbani and Deputy Minister of Interior for Economic Affairs Mehdi Dousti met Minister...
