The incumbent government has increased the prices of various items at utility stores across the country. A notification in this regard has also been issued.
According to details, prices of branded tea, milk, spices, honey, toothpaste, shampoo, and other items have been increased by the government. The prices of shampoos of different brands have also been increased by up to Rs30.
As per the notification, the price of 950 grams of branded tea increased by Rs198, after which the price of tea has been increased from Rs697 to Rs895.
The price of milk has been increased from Rs177 to Rs197, the price of a 260-gram jar of honey has been increased from Rs310 to Rs425 and the price of baby dry milk supplement has been increased from Rs1360 to Rs1450.
Tough times for Pakistanis
Needless to say, the increase in prices of basic commodities will be difficult for the common man to bear. Pakistan’s public is already buckling under the pressure of inflation.
According to reports, the consumer price in Pakistan rose to nearly 25% in July – the highest surge since October 2008 – as people suffered from the double-edged sword of food and energy prices with transport inflation peaking at a record 65%.
The Pakistan Bureau of Statistics (PBS) reported that the pace of food inflation surged to 27.4% from 24% a month ago in cities and to nearly 30% in villages and towns last month.
Read more: Govt raises cooking oil price by Rs 213
The prices of both non-perishable and perishable food products increased significantly last month. The food group prices surged over 29% in July compared to the same month a year ago. Prices of perishable food items increased 33%, according to the PBS.
✨SPI inflation increases by 37.67% yearly
— WealthPK (@pk_wealth) August 4, 2022
The prices of onions jumped 100% last month compared to a year ago, followed by a 90% increase in the rates of pulses in the rural areas and 83% for various types of ghee and cooking oil.