Mobile phone prices in Pakistan have skyrocketed after the government imposed an 18% GST in the federal budget for 2024-25. This sudden increase has caused widespread concern among consumers, who are now facing higher costs for their devices.
The most significant impact is seen in high-end phones, particularly those priced at Rs 200,000, which have surged by Rs 36,000. This dramatic hike is alarming for many buyers. Phones costing Rs 150,000 are now Rs 19,000 more expensive, adding to the financial strain on consumers.
Mid-range phones have also been affected. Devices previously valued at Rs 100,000 have seen an increase of Rs 18,000. Those priced at Rs 50,000 have experienced a Rs 9,000 hike. Even more affordable phones are not spared, with a Rs 4,000 rise for devices that used to cost Rs 25,000.
The new GST has made mobile phones much more expensive, impacting both the market and everyday users. As prices continue to climb, the affordability of mobile devices becomes a growing concern. This trend is likely to affect consumer buying behavior and the overall market dynamics in Pakistan.
With the significant rise in mobile phone prices, consumers are now looking for more cost-effective alternatives. The increased costs may drive some buyers to consider older models or refurbished phones. The mobile phone market in Pakistan is undergoing a major shift due to these new price adjustments.