Prices of food items increased in 2023 as compared to last year: Report
Islamabad: Food prices have increased by 100 percent in Pakistan this year as compared to last year, media reports said.
In 2022, a bag of 20 kg flour was 1400 rupees, it has now exceeded 2300 rupees, while the price of bread has increased from 10 rupees to 20 rupees in a year, ANI reported quoting Daily Duniya.
Branded cooking oil was 300 rupees per litre and is now available for around 600 rupees per litre. Sugar has reached from 90 to 125 rupees per kg. The prices of vegetables and fruits have also increased in the same proportion, ANI reported.
At the government level, there are no satisfactory measures to control inflation. Government oversight is giving more leeway to profiteers.
On the one hand, there is increasing inflation, there is increasing unemployment and continuously decreasing purchasing power of the common man. These factors together have broken the back of the people, who are also forced to buy local food grains at high prices, according to Daily Dunya as quoted by ANI.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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