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Showing posts with the label CPI

Drug Prices – the Popular Punching Bag – Blog Post #353 by Asrar Qureshi

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Drug Prices – the Popular Punching Bag – Blog Post #353 by Asrar Qureshi Dear Colleagues!  This is Pharma Veterans Blog Post #353. Pharma Veterans welcomes sharing of knowledge and wisdom by Veterans for the benefit of Community at large . Pharma Veterans Blog  is published by Asrar Qureshi on WordPress , the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here .   Drug Prices are again in news. The TV anchors are talking about it. There is a general sense of anger about the possible increase in drug prices in near future. This arises out of the policy that the drug prices shall be increased based on Consumer Price Index (CPI). CPI is a reflection of how the prices of selected basic commodities have changed over a designated period. The recent published CPI data shows that the prices increased by over 18% during fiscal year July 2019 – June 2020 as compared to last fiscal year. For your understanding this is huge and s...

WORK LIFE BALANCE - Part 2 – Blog Post #272 by Asrar Qureshi

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Dear Colleagues!  This is Pharma Veterans Blog Post #272. Pharma Veterans shares the wealth of knowledge and wisdom of Veterans for the benefit of Pharma Community. Pharma Veterans Blog  is published by Asrar Qureshi on WordPress , the top blog site.  If you wish to share your stories, ideas and thoughts, please email to asrar@asrarqureshi.com for publishing your contributions here . Continued from Previous…… Let us look at the reasons which may cause Work Life Imbalance. 1.      Men at Work: We are a patriarchal society. Men are supreme and have to be in commanding position. We have a work life and a home life, and we prefer to keep the two separated so much that the person at work is quite different from the person at home. Some men who command at work have no say at home; and some men who are tyrants at home have no say at work. Men are actually confused about the work life balance. They spend more time at work...

Consumer Price Index (CPI) and Pharma Industry – Blog Post by Asrar Qureshi

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Dear Colleagues!  This is Pharma Veterans Blog Post #223. Pharma Veterans shares the wealth of knowledge and wisdom of Veterans for the benefit of Pharma Community. Pharma Veterans Blog  is published by Asrar Qureshi on WordPress , the top blog site. If you wish to share your stories, ideas and thoughts, please email to asrar@asrarqureshi.com for publishing your contributions here . Monthly Review on Price Indices -  June, 2019 (Base 2007-08) Government of Pakistan Ministry of Planning, Development and Reform Pakistan Bureau of Statistics Islamabad GOP has recently issued the CPI report for June 2019. As Investopedia defines it – ‘ The Consumer Price Index ( CPI ) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is  calculated  by taking price changes for each item in the predetermined basket of goods and averaging them 1 .’ How to calculate in...