ISLAMABAD: Cooking oil prices have recorded a sharp increase across Pakistan, putting further pressure on domestic consumers already struggling due to rising inflation.
According to market data, the price of cooking oil has increased by up to Rs60 per liter in the past one week, after which its retail price has reached Rs550 per liter.
Shopkeepers say that cooking oil was earlier available for Rs490 per liter, but prices have increased due to shortage in supply.
The recent increase has further increased the financial pressure on consumers, who are already facing rising prices of essential food items.
At the same time, flour prices have also seen an increase, with a 5-kg bag of flour being sold for Rs900, significantly higher than other brands available in the market.
This increase comes in the context of an overall inflationary trend in Pakistan, where rising prices of basic food items are continuously putting pressure on household budgets.
LAHORE: The Punjab Revenue Authority (PRA) has sealed the famous Coffee shop ''Double Shot'' in…
LAHORE: The Ruet-e-Hilal Committee has announced the sighting of the moon of Muharram 1448 AH…
ISLAMABAD: The Pakistan Navy has officially started the online registration process for Sailor Batch B-2026(S),…
TEHRAN: Iranian Foreign Ministry Spokesperson Esmail Baghai said that the Israeli and American atrocities on…
LAHORE: The Punjab government has decided to introduce a new system for determining the market…
ISLAMABAD: The Met Office reports that an incoming westerly wave is anticipated to arrive in…