Under the supervision of the new government, the inflation and price of essential commodities are increasing on a daily basis.

            According to data from the Pakistan Bureau of Statistics (PBS) the maximum price of a 20kg bag of wheat flour was Rs1,900 for the week which ended on June 23. In comparison, the maximum price of the same 20kg bag was Rs1,700 for the week which ended on June 16. Also, the data expressed that in Karachi the price of a 20 kg bag of wheat flour is double as compared to Islamabad, Rawalpindi, Gujranwala, Sialkot, Lahore, Faisalabad, Sargodha, Multan, and Bahawalpur where the maximum price was recorded as Rs980.

            Besides, the figures have shown that the maximum wheat flour price had increased in other cities as well: from Rs1,480 to Rs1,640 in Sukkur, Rs1,720 to Rs1,820 in Hyderabad, Rs1,650 to Rs1,720 in Quetta, Rs1,570 to Rs1,630 in Khuzdar, Rs1,520 to Rs1,560 in Larkana, Rs1,630 to 1,650 in Peshawar. According to the PBS Pakistan Bureau of Statistics report inflation measured through the sensitive price index (SPI) recorded an increase of 1.01 percent because of which it was known that an increase was observed in the prices of food items, with wheat flour is going up by 2.08pc.

            Further, the SPI comprises 51 essential items collected from 50 markets in 17 cities of the country, and according to a report out of 51 items, the prices of 32 (62.75pc) items increased, the prices of four (7.84pc) decreased and the prices of 15 (29.41pc) remained stable.

            Because of repeated price hikes in essential commodities, people suffer a lot to afford them. It is the current government's responsibility to find the best solution to control inflation in the country.

 

 

By: Imtiaz Ali

Turbat Kech