Inflation continues to rise unabated

Survey shows local administration failed to ensure implementation on price list

LAHORE:

Inflation continues to hit the masses hard in markets across the provincial capital. The government has recently claimed that per capita income in Pakistan has increased and all economic indicators are positive but in reality common citizens are badly being hurt owing to inflation and profiteering as a result of bad governance of local and provincial administration.

Market survey shows that the government and local administration have completely failed to ensure implementation on price list. Every greengrocer or street vendor is selling essential commodities at their ask price.

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In the past the government at least control the prices of perishable by various measures including establishing makeshift bazaars on weekly basis in the different localities of the cities. However, this government not only closed all such bazaars but also failed all of its steps taken to control the prices due to lack of seriousness from political representatives.

The price of chicken live bird was further reduced by Rs10 per kg, fixed at Rs168 per kg, while it sold at Rs180 to 220 per kg, and chicken meat by Rs14 per kg, at Rs244 per kg, and sold Rs270 to 550 per kg.

The price of potato soft skin new A-grade was unchanged at Rs 30 to 33 per kg, B-Grade at Rs27 to 30 per kg, mixed sold at Rs50 to 60 per kg, potato white fixed reduced by Rs 6 per kg, at Rs16 to 18 per kg, sold at Rs40 per kg.

The price of onion A-grade was declined by Rs 13 per kg, fixed at Rs21 to 23 per kg, sold at Rs 40 per kg, B-grade at Rs17 to 19 per kg, sold at Rs30 per kg, and C-grade at Rs13 to 15 per kg, sold at sold at Rs25 per kg.

The price of tomato A-grade further increased by Rs5 per kg, fixed at Rs55 to 58 per kg, sold at Rs80 to 100 per kg, B-grade fixed at Rs50 to 53 per kg, and C-grade at Rs45 to 48 per kg, B and C quality mixed sold at Rs60 to 70 per kg.

 

Published in The Express Tribune, January 24^th, 2022.