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Riaz Haq's Current Affairs Blog
Pakistan has outranked India yet again on the World Happiness Index, making Indians very very unhappy. Indian media commentators' strong negative emotional reaction to their nation's poor ranking betrays how unhappy they are even as they insist they are happier than their neighbors. Coming from the privileged upper castes, these commentators call the report "…
ContinuePakistan Purchasing Managers Index (PMI), jointly launched by Habib Bank (HBL) and S&P Global, is showing sustained growth in manufacturing for the last several months. It has been consistently above 50, indicating expansion. This indicator disagrees with contraction reported by Pakistan Bureau and Statistics (PBS) Large Scale Manufacturing (LSM) indicator. What accounts for this discrepancy? Is it because the LSM tracks only a subset of industries tracked by PMI? Is there a difference…
ContinuePosted by Riaz Haq on March 18, 2025 at 5:00pm
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