Govt steps up price monitoring
MG News | June 19, 2026 at 10:15 AM GMT+05:00
June 19, 2026 (MLN): Efforts to maintain stable prices of essential commodities, improve market efficiency and strengthen consumer protection remained in focus as the government reviewed the latest inflation trends, commodity price movements and supply conditions across the country.
During a meeting of the National Price Monitoring
Committee (NPMC) held on Thursday, participants assessed the prevailing price
situation of essential goods, market supply mechanisms and ongoing measures
aimed at ensuring price stability and safeguarding consumer interests.
The meeting reviewed recent developments in inflation,
wholesale and retail market trends, supply chain performance and progress on
initiatives designed to enhance price monitoring systems and improve
coordination among relevant stakeholders, according to APP.
Federal Minister for Planning, Development and Special
Initiatives, Ahsan Iqbal, emphasized the importance of close coordination among
federal, provincial and district administrations to facilitate smooth market
operations and protect consumers.
He directed concerned authorities to further strengthen
price monitoring mechanisms and adopt proactive measures to improve market
efficiency.
Highlighting the need to reduce disparities between
wholesale and retail markets, the minister called for improvements in supply
chain systems and stronger collaboration with provincial and regional
administrations.
He noted that efficient market management and transparent
monitoring were essential to ensure that the benefits of improved supply
conditions are passed on to consumers.
The minister also instructed the Ministry of Science and
Technology to expedite the testing and analysis of cooking oil, ghee and milk
samples so that a comprehensive assessment of product quality available in the
market could be completed at the earliest.
He stressed the significance of food safety, quality
assurance and evidence-based decision-making through timely technical
evaluations.
The committee was informed that engagement with industry
representatives, including edible oil and ghee manufacturers, would continue to
review market trends and identify opportunities for maintaining price stability
through effective coordination and monitoring.
Officials from the Pakistan Bureau of Statistics briefed
the forum on recent inflation patterns, commodity price movements and
wholesale-retail price differentials.
The committee was informed about ongoing efforts to
closely track market developments and strengthen data-driven analysis to
support policy interventions.
Meanwhile, the Ministry of National Food Security and
Research informed the committee that sufficient stocks of key agricultural
inputs, including fertilizers, were available to meet domestic requirements.
Participants were also briefed on measures under the
government's wheat policy aimed at supporting farmers, promoting agricultural
production and ensuring food security.
The meeting further discussed steps to enhance supply
chain efficiency and market infrastructure. Relevant authorities were directed
to explore the establishment and strengthening of wholesale markets in major
urban centres to improve distribution networks and facilitate consumers.
Reaffirming the government's commitment to price
stability and consumer welfare, Ahsan Iqbal said coordinated efforts, modern
market systems and effective monitoring mechanisms were critical for
maintaining a balanced and efficient economic environment.
The committee resolved to continue proactive monitoring,
strengthen institutional coordination and implement measures to improve market
management and protect consumer interests.
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