Chicken prices increase in Pakistan
Broiler chicken prices are in a state of flux under the jurisdiction...
Cooking oil, ghee prices soar in Pakistan – check new rates
Ghee and cooking oil prices in Pakistan have recently dropped significantly, offering relief to consumers amidst economic difficulties.
Both Brand A and Brand B products have seen notable reductions in prices, with Brand A cooking oil now Rs 75 cheaper at Rs 525 per liter and Brand A ghee down by Rs 25 at Rs 525 per kilogram.
Similarly, Brand B items have become more affordable, with ghee and cooking oil now priced at Rs 380 per liter after a Rs 70 reduction.
This price decrease is particularly beneficial given Pakistan’s current economic challenges.
The State Bank of Pakistan’s half-yearly economic review projected an inflation rate of 23 to 25 percent for the fiscal year, significantly impacting households’ purchasing power.
However, the report also offers hope, forecasting a gradual decrease in inflation over the next six months.
If this trend continues, inflation could potentially drop to 5 to 7 percent by September 2025, promising more stable and accessible prices for essential goods and services.
Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News
Download The BOL News App to get the Daily News Update & Follow us on Google News.