News Column

Kitchen items prices up ahead of Ramazan

June 28, 2014


The government has left the helpless consumers on the mercy of profiteers before with the advent of Holy month of Ramazan, as prices of all basic food commodities have increased in the country.

The government seems failed to control the prices of essential food items in the country. Even, the official figures of Pakistan Bureau of Statistics (PBS) showed that prices of vegetables, fruits and other kitchen commodities have sharply enhanced before the arrival of Ramazan. Meanwhile, there are major differences in open market prices and those, which are announced by government’s department, PBS. The PBS has shown much less prices in its report compared to the real market.

The continuous increase in food goods prices has surged the inflation rate. The PBS figures showed that prices of food commodities like onions, potatoes, chicken, pulses, sugar, beef, milk and LPG cylinder have registered an upward trend in last few days. Market sources informed The Nation that vegetables and fruits prices have enhanced up to 50 percent in last few days mainly because of Ramazan’s arrival. They added that inflationary trend would continue during first ten days of the holy month.

The soaring inflation has turned the masses lives miserable, as they already facing massive loadshedding.

“I have no purchasing power to buy edible items easily from last few months, as this budget has not brought any positive change for poor class. With the advent of Ramazan, I am confused to buy items for Sehar and Iftar, as there is no check on food prices”, said Haseeb-ur-Rehman, 36, adding that government should control the sky-rocketing prices at least in the holy month of Ramazan.

A housewife Farah Saeed said, “I cannot manage my house budget because of high food prices. The government has enhanced the salaries by only ten percent in the budget, which is not sufficient keeping in view the soaring inflation in the country. I appeal to the Prime Minister to give subsidy on food commodities during holy month”, she added.

The official figures of Pakistan Bureau of Statistics showed that prices of potatoes have gone up to Rs 67 per kg during the week ended on Thursday as against Rs 61 per kg of the preceding week. Chicken price has also enhanced to Rs 168 per kg from Rs 162 per kg. Similarly, onions price has surged to Rs 33 per kg.

Meanwhile, prices of sugar, mangoes, watermelon, bananas and peaches have also registered increase in last few days.

According to the PBS figures, weekly inflation measures through Sensitive Price Indicator (SPI) for all income groups has increased by 7.03 percent during week ended on Thursday over the corresponding period of previous year. However, it has shown growth of 0.29 percent on weekly basis. The SPI based inflation has surged by 5.29 percent for low-income group (earning Rs 8000 per month), 5.1 percent for the income group (Rs 8001 to Rs 12000), 7.28 percent for the income group (Rs 12001 to Rs 18000 per month), 7.67 percent for the income group (Rs 18001 to Rs 35000 per month) and it enhanced by 7.67 percent for the income group of above Rs 35000 per month.

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Source: Nation (Pakistan)

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