July 19, 2024
1 min read

Essential goods prices skyrocket in Pakistan

According to details of the items black chickpeas, moong dal, dal mash, and dal chana have risen by PKR 65, PKR 60, PKR 50, and PKR 45 per kg respectively….reports Asian Lite News

As inflation is high, the prices of essential items such as cooking oil, pulses, flour, sugar, milk, and chicken have increased, affecting people’s budgets badly, ARY News reported on Thursday.

The prices of 25 essential items have increased, with the inflation rate reaching over 23 per cent, leading to price hikes of up to PKR 65 per kg for pulses and PKR 30-40 per litre for cooking oil, as per ARY News.

According to details of the items black chickpeas, moong dal, dal mash, and dal chana have risen by PKR 65, PKR 60, PKR 50, and PKR 45 per kg respectively.

Sugar prices have also increased by PKR 25 to PKR 30 per kg, and chicken meat has become more expensive by PKR 80 to PKR 100 per kg, now selling at PKR 600 to PKR 650 per kg.

The wholesale inflation rate in June reached a 16-month high of 3.36 per cent, a significant rise from below zero in June last year.

Chicken, following tin and beef, has become increasingly unaffordable for the common man, with prices reaching PKR 650 per kg after consecutive monthly increases.

Recently, Pakistani residents expressed their anger with skyrocketing inflation and hefty tax duties, which are placing immense financial strain on their daily lives.

Essential goods like food, electricity, and gas have become prohibitively expensive, pushing ordinary salaried individuals to the brink of financial instability.

Trapped between increasing needs and prices Arif, a Karachi resident, lamented, “Rising prices have made it nearly impossible to make ends meet. Basic necessities such as electricity, water, and food are now out of reach for the average worker. Without reliable access to these essentials and timely salaries, the working class is suffering immensely. The incompetence of government institutions is to blame for this dire situation.” (ANI)

ALSO READ: Kathmandu’s mission in Bangladesh issues advisory for students

Previous Story

Deadly protests escalate in Bangladesh

Next Story

Pakistan eyes $60b in exports by 2027, data proves otherwise

Latest from -Top News

India opens world’s highest rail bridge

Prime Minister Narendra Modi inaugurated the world’s highest railway bridge over the Chenab River in Jammu and Kashmir and flagged off the much-awaited Vande Bharat Express to Srinagar, marking a historic moment

Sisi, MBZ cement ties

UAE and Egypt bolster ties through high-level talks in Abu Dhabi and a landmark cardiac care initiative delivering lifesaving treatment to rural communities The United Arab Emirates and Egypt reaffirmed their strong

‘UAE leads global fight against plastic waste’

UAE accelerates its fight against plastic pollution with a bold single-use plastic ban and expanded environmental policies to safeguard natural ecosystems for future generations The United Arab Emirates continues to lead the

70,000 Gaza kids starve

WFP warned that any further escalation of conflict could paralyse relief operations altogether, deepening the plight of civilians—especially children, the elderly, and vulnerable groups As the humanitarian crisis in Gaza intensifies, the

Prayers on the Mount

The Day of Arafat, considered the pinnacle of the Hajj pilgrimage, witnessed a congregation of believers from around the world As the sun blazed overhead and temperatures climbed to a sweltering 41°C,
Go toTop

Don't Miss

Bilawal rejects Gilani’s resignation as opposition leader

Gilani stepped down as the Leader of the Opposition in

Islamabad blames excess VPN for internet slowdown

Telecommunication minister said steps are being taken to prevent internet