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Consumer confidence falls by 24% to 2-year low

[ Survey shows country has entered ‘extremely pessimistic territory’ as inflation, unemployment bite Consumer Confidence Index drops 3.42% in survey’s May edition. PHOTO: EXPRESS KARACHI: Consumer confidence in Pakistan has suffered its sharpest single-cycle drop in recent years, with the Consumer Confidence Index (CCI) falling 24.4% to 65.3 in the third quarter of FY26, down … Read more

Oil set for steepest weekly gain since mid-July, fuelled by US-Iran clashes

[ Sunset clouds glow over pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 21, 2026. PHOTO: REUTERS Oil prices rose on Friday, heading for their steepest weekly gain since mid-July, as rising tension and renewed US-Iran hostilities heightened ​concerns over Middle East supply risks. Brent crude … Read more