Pakistan is in a position resembling starvation, with its citizens depending on every grain | Pakistan Economy

Publish Date: 09 Jan, 2023 |
 

Pakistan's weekly inflation rate has increased by 30% which has resulted in an increase in the prices of food and fuels. At present, the price of flour has reached its highest level in Pakistan. Here in many areas, 20 kg flour is available for about 3 thousand Pakistani rupees. This means the price of 1 kg flour has reached around Rs.150. The Sensitive Price Index measures inflation on a weekly basis (SPI).

The country's inflation rate has increased by 30.60% year over year, according to the Pakistan Bureau of Statistics (PBS) in its weekly report on the price movement of 51 important commodities, which was gathered from 50 markets in 17 major cities throughout the nation.

Price increase of these commodities

According to Dawn, chicken prices have soared by 82.5% while onion prices have increased by 500% in Pakistan. When compared to the same time last year, the prices of wheat flour and tea have increased by 45 and 65.41 percent, respectively. There have been reports of a 61 percent spike in diesel prices. The cost of eggs has gone up by 50.51 percent, the cost of salt powder has gone up by 49.50 percent, the cost of moong pulses has gone up by 47 percent, and the cost of broken basmati rice has gone up by 46 percent.

 

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