Essential commodity prices surge sharply over one year

Hadia Batool
By
Hadia Batool
Hadia Batool is Web Editor of Minute Mirror. She can be reached at bhadia624@gmail.com.
2 Min Read

Summary

  • Prices of several essential commodities have increased significantly across Pakistan over the past year, putting additional pressure on household budgets.
  • Tomato prices also increased sharply by 93.21%, while flour became 62.25% more expensive during the same period.
  • Several meat and fruit prices also increased during the year.
AI Generated Summary

Prices of several essential commodities have increased significantly across Pakistan over the past year, putting additional pressure on household budgets. According to the latest data released by the Pakistan Bureau of Statistics (PBS), major increases were recorded in the prices of several food items and fuel products.

Onion prices recorded the highest increase among the commodities listed by the statistics agency. The price of onions rose by 132.52% in one year. Tomato prices also increased sharply by 93.21%, while flour became 62.25% more expensive during the same period.

Fuel prices also witnessed substantial increases. According to the PBS, LPG became 51.69% more expensive over the year. Diesel prices increased by 33.08%, while petrol became 27.65% more expensive. The rise in fuel prices can also affect transportation and the cost of goods and services.

Several meat and fruit prices also increased during the year. The price of bananas rose by 17.66%, while mutton became 15.98% more expensive. Beef prices increased by 13.54%, adding to the cost of commonly consumed food items.

However, some essential commodities became cheaper during the same period. Potato prices declined by 30%, while sugar became 19.10% cheaper. Chicken prices also decreased by 17.68%, providing some relief to consumers.

The statistics also showed a decline in the prices of eggs and pulses. Egg prices fell by 17.41% over the year, while chana dal became more than 13% cheaper. Masoor dal prices declined by 12.29%, while jaggery became 6% cheaper.

The latest figures show mixed price trends in the country. While consumers received some relief from lower prices of potatoes, sugar, chicken, eggs and pulses, sharp increases in onions, tomatoes, flour and fuel continued to add pressure to household expenses. The data highlights the significant changes in the prices of everyday necessities over the past year.

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Hadia Batool is Web Editor of Minute Mirror. She can be reached at bhadia624@gmail.com.
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