Food prices including milk, ghee increase from last year: official report

News Image

MG News | June 18, 2017 at 03:14 PM GMT+05:00

0:00

The official figures have exposed government's claims of controlling inflation, and revealed that prices of food items including milk and ghee have increased from the previous year.

The reports of Pakistan Bureau of Statistics and State Bank of Pakistan suggest that the rates of milk, ghee, edible oil, tea, rice, banana, potato, tomato, eggs and meat, all have increased. Petroleum prices have also hiked despite cheap crude oil in international market.

According to the investigative report of a private television channel, it has been unearthed from the official figures that the price of milk has gone up to Rs82 per liter after an increase of two rupees from June 2016 to June 2017. Beef prices (Rs335/kg) have hiked by Rs12 per kilogram, and mutton (Rs687/kg) by Rs46 per kilogram.

The price of two and a half kilogram tin pack of ghee has increased by Rs18 and become Rs462, whereas, edible oil price has become Rs470 with a hike of Rs15.

The prices of tea have surged the most, as the 200 grams of branded packet's price has become Rs203 after an increase of 45 rupees. The prices of rice became Rs69 per kilogram after increasing nine rupees.

Among fruits, banana prices reached the average of Rs115 per dozen with a raise of 14 rupees. Tomato also witnessed an uplift of Rs2 and became 41 rupees per kilogram.

The petrol prices were hiked by Rs12 per liter during the year, whereas, diesel prices surged by Rs9 per liter. On the contrary, the rate of crude oil was lowered by $20 per barrel in the international market, and prices reached $252 per barrel. The rate of bag of cement also increased by Rs26 and became Rs551.

The good news is that the rates of sugar, onion, daal mash and daal chana were lowered during the year. Still, the official figures negate government's claims that prices of food items were lowered from the last year, as the reality is otherwise.

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25


July 11, 2025 at 04:19 PM GMT+05:00

Ideal Spinning Mills to exit spinning business



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg