In a bid to bring the rising inflation under control, the government fixed prices of pulses, rice, and spices, it was reported on Saturday.
The government also issued a notification in this regard. On the other hand, traders said that the government should consider the expenditures of shopkeepers while deciding prices of daily essential commodities.
They said that this move will provide relief to consumers and also to shopkeepers. The traders proposed to fix an eight percent profit on the sale of sugar and a 15 percent profit on commodities of daily use.
Traders said that if a reasonable rate of profit is not set, small shopkeepers will be severely affected.
On the other hand, citizens have expressed hope that the government price list will be strictly implemented; only then will inflation decrease.
Earlier on December 26, 2024 in its weekly report Pakistan Bureau of Statistics’ said that Pakistan’s inflation rate increased by 0.09% over the past week.
The overall annualized weekly inflation rate stood at 2.83%. During the week, prices of 13 items rose while 11 items saw a decrease.
Red chili increased by 6.26%, chicken by 5.29%, garlic by 1.50%, and eggs by 0.58%.
Meanwhile, some essential items became cheaper: 2.5 kg of edible ghee decreased by 0.56%, moong dal by 0.48%, potatoes by 10.37%, and tomatoes by 9.64%.
