Sariya Prices Surge in Pakistan – In recent news, Pakistan is experiencing a significant increase in Sariya prices, particularly in Lahore’s Iron Market. Sariya prices have shot up by 5 to 8 thousand rupees within just one month. Local Sariya is now being sold at 2 lakh 38 thousand rupees, up by 8 thousand rupees, while branded Sariya has spiked to 2 lakh 55 thousand and 2 lakh 60 thousand rupees with a 5 thousand rupees increase.
This price surge is likely to impact the construction industry, leading to higher production costs. Additionally, the Federal Board of Revenue (FBR) has raised sales tax on CNJ supplies, adding to the economic challenges.
Meanwhile, the Lahore High Court has taken notice of the recent increases in petroleum product prices, signaling a closer look at economic policies affecting consumers and businesses.
As the nation grapples with these price hikes, stakeholders are closely monitoring the situation for its potential impact on various sectors and the overall economy. Stay tuned for further updates on this developing story.
