Price of bread to increase next week


Our Correspondent July 04, 2024
Price of bread to increase next week

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RAWALPINDI:

The Pakistan Nanbai Association has announced that the increase of bread will be increased from next week due to the rise in flour prices following the imposition of new taxes. The price of a 79 kg sack of flour has increased from Rs6,500 to Rs8,700, while the price of a sack of fine flour has jumped from Rs7,200 to Rs9,000.

With the Rs100 increase in the price of a flour sack, the Nanbai Association has also announced an increase in the prices of bread, naan, and paratha. The new price will be Rs20 for red flour (pateeri) bread, Rs30 for yeast white flour bread, Rs35 for paratha and roghani naan.

Nanbai Association’s Central President Shafiq Qureshi told The Express Tribune that the Punjab government’s promise of providing flour sacks for cheap bread at Rs6,500 has not materialised. This current increase is also temporary and by the end of this week, if the price of fine flour increases further, the price of bread will be increased by another Rs5.

Talking about the challenges faced by the industry, Qureshi further said currently gas is not available and the high bills of gas and electricity have made life miserable.

The price of a commercial gas cylinder has increased from Rs10,000 to Rs12,500, with another increase expected from next week.

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