Industry expresses concern over rising inflation

Published: March 19, 2019
SHARES
Email
PHOTO: FILE

PHOTO: FILE

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) expressed grave concerns over the rising inflation, specifically in food items. It has called upon the government to take urgent remedial measures for saving the common man from further troubles on account of rising prices of daily use items. ICCI President Ahmad Hassan Moughal lamented that due to rising inflation, purchasing power of consumers was reducing and this situation was increasing the miseries of general public besides affecting business activities. “The hike in inflation can be judged from the fact that price of green chillies in wholesale market has risen to Rs140 per kg from Rs12-15 per kg,” he voiced concern. “This item is selling at retail level in the rate of Rs240-320 per kg.”  

Published in The Express Tribune, March 19th, 2019.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

Facebook Conversations

Leave Your Reply Below

Your comments may appear in The Express Tribune paper. For this reason we encourage you to provide your city. The Express Tribune does not bear any responsibility for user comments.

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments FAQ.

More in Pakistan

-->