General Economic Updates

No, it's a structural weakness in the Pakistani market.

An excerpt from another article, dated September 5th, 2025, while this news was being speculated before Yamaha confirmed today:

Meanwhile, prices have skyrocketed: the YBR was launched at Rs. 126,000 in 2016 but now costs Rs. 493,500 in 2025, with no changes in engine, design, or features.

5 lac for a bike. No wonder
 
PBS overreports Pakistan’s trade data by USD6.4bn?
https://www.brecorder.com/news/40382428?utm_source=whatsapp
ISLAMABAD: The country’s trade data is said to have been overreported by USD6.4 billion by Pakistan Bureau of statistics (PBS) during the fiscal year 2024-25 due to flawed methodology. Insiders revealed a discrepancy of USD 1-1.5 billion between Aptma’s compilation of cotton import figure of USD 2.2 billion (State Bank of Pakistan) against USD 2.65 billion (Pral) in FY25, while Pakistan Bureau of Statistics (PBS) in its trade release for June 2025 reported only USD 1.27 billion worth of cotton imports in FY25.
 
ISLAMABAD: The country’s trade data is said to have been overreported by USD6.4 billion by Pakistan Bureau of statistics (PBS) during the fiscal year 2024-25 due to flawed methodology. Insiders revealed a discrepancy of USD 1-1.5 billion between Aptma’s compilation of cotton import figure of USD 2.2 billion (State Bank of Pakistan) against USD 2.65 billion (Pral) in FY25, while Pakistan Bureau of Statistics (PBS) in its trade release for June 2025 reported only USD 1.27 billion worth of cotton imports in FY25.
These guys should apply for jobs at the Bureau of Labor Statistics and the Federal Reserve in the United States. Trump is looking for guys who can produce the economic numbers he wants to see.
 
ISLAMABAD: Minister for Commerce Jam Kamal Khan has undertaken a three-day official visit to Tehran to lead the "Pakistan-Iran Joint Economic Commission (JEC) and Business Forum".

He was received at Imam Khomeini International Airport by Amin Tarfa'a, Advisor to Iran's Ministry of Roads and Urban Development.

During the visit, the minister will lead the 22nd Session of the Pakistan-Iran JEC and co-chair the Pakistan-Iran Joint Business Forum.

He is also scheduled to hold meetings with key Iranian ministers and senior officials to strengthen bilateral trade and investment cooperation.
 

Pakistan’s current account posts $245mn deficit in August

  • In 2MFY26, Pakistan’s C/A posted a deficit of $624mn
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Pakistan’s current account posted a deficit of $245 million in August 2025, data released by the State Bank of Pakistan (SBP) showed on Thursday.

The deficit follows a deficit of $379 million (revised) recorded in July 2025 and compares with a deficit of $82 million in August 2024.

In 2MFY26, Pakistan’s current account stood at a deficit of $624 million, higher than the deficit of $430 million registered in the same period last year.

Pakistan closed FY25 with a $2.1 billion current account surplus, its first in 14 years, largely supported by a 27% jump in workers’ remittances to $38.3 billion.

The August 2025 deficit, however, indicates that sustaining a positive trend will depend on continued strength in remittances, stable exports, and controlled import demand.

According to SBP data, Pakistan’s exports of goods (FOB) were valued at $2.51 billion in August 2025, while imports stood at $4.98 billion, leaving a trade deficit of $2.48 billion. Exports of services were recorded at $671 million, compared to imports of $1,108 million, resulting in a services trade deficit of $437 million.

Workers’ remittances came in at $3.14 billion in August 2025, lower than July’s $3.21 billion, but still forming the backbone of the country’s external account.

Economists said the August shortfall highlights the challenge of sustaining the recent improvement in the current account, with stability hinging on resilient remittance inflows, steady export growth, and controlled import demand.
 
ISLAMABAD: A decline in textile exports in August of the 2025-26 fiscal year swelled the trade deficit to USD 6 billion in the first two months of the ongoing financial year, as the majority of textile sub-sectors showed a negative growth.

According to sector-wise details issued by the Pakistan Bureau of Statistics, the trade deficit increased by 29 percent in the first two months of the fiscal year 2025-6 as the exports in August were down by 12.49 percent on a year-on-year (YoY) basis and 10.39 percent on a month-on-month (MoM) basis.
 

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