Sugar price hike hits consumers in Pakistan

Sugar price hike hits consumers in Pakistan

3 views

Following a flour crisis that hit the nation of late, the rates of sugar have begun creeping up in the country, adding to the misery of the people already reeling under crippling inflation.

The effect of the surge in the ex-mill rate of sugar could be felt across Punjab on Tuesday as the commodity became costlier by Rs9 per kilo at retail level.

The ex-mill rate of sugar had increased by Rs800 per 100 kilos to Rs7,600 over the last one week.

In Karachi, the sugar rates touched a whopping Rs78 per kilo at retail level, with Pakistan Sugar Mills Association Sindh Chairman Tara Chand saying that the production of sugarcane this year has declined by 15 percent.  

About author

Rava Desk

Rava is an online news portal providing recent news, editorials, opinions and advice on day to day happenings in Pakistan.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Your email address will not be published. Required fields are marked *