The prices of sugar and flour have surged at utility stores, causing concern among inflation-hit consumers in Pakistan.
According to the latest report on grocery prices, sugar is now priced at Rs 155 in Utility Stores, while it’s available for Rs 142.54 in the open market, Rs 12.46 higher than the open market.
Similarly, a 20 kg bag of flour costs Rs 2840 at Utility Stores, while the open market price stands at Rs 2706.32, Rs 133.68 higher than the open market.
Yesterday, adding to the financial burden, the federal government substantially increased gas prices in response to the country’s escalating inflation.
The caretaker government recently issued a notification stating that these changes will come into effect on November 1. The gas price hike will impact various sectors, including domestic, export, non-export units, CNG, and cement. It’s important to note that consumers using 25 to 90 cubic meters of gas per month, known as protected consumers, will be exempt from the price increase. However, fixed charges for this category have been raised from Rs. 10 to Rs. 400.
These price fluctuations have sparked concerns among consumers, as they grapple with the rising cost of living in Pakistan. Keeping an eye on these developments and exploring cost-effective options in the open market may help households manage their expenses more effectively during these challenging times.
