KARACHI: Inflation in Pakistan has broken a 70-year record in the last three years, and food prices have doubled, while prices for ghee, oil, sugar, flour, and poultry have reached historic levels.
According to the Federal Statistical Office (FSP), electricity prices rose 57 units, from 4.06 rupees per unit to at least 6.38 rupees per unit between October 2018 and October 2021.
In the first quarter of October, the price of an 11.67 kg cylinder of liquefied gas had risen 51 percent, from 1,536 rupees to 2,322 rupees.
Similarly, the price of petrol had risen 49 percent in three years and in rupees. The price of petrol rose from 93.80 rupees per liter to 138.73 rupees per liter.
The largest increase in food prices was recorded in the prices of edible ghee and oil. The price of ghee rose 108% to 356 rupees per kg.
The price of sugar rose 83% in 3 years and the price of sugar sold at 54 rupees per kg exceeded 100 rupees. Pulse prices rose by 60 to 76 percent, mash pulses 243 Rs, peanuts 162 Rs, lentils 180 Rs per kg and gram pulses 23 percent to 145 Rs per kg Arrived
The price of a 20 kg bag of flour rose 52% to 1196 rupees in 3 years. Moreover, the price of flour has risen by 20 rupees per kg. The price of chicken remained at 252 rupees per kg from October 2018 to October 2021, but chicken meat is sold at Rs 400 per kg in the markets.
According to official records, the price of beef increased by 48% to 560 rupees per kg in three years. However, beef is sold on the markets for 650 rupees per kg. The price of goat meat has risen 43% in three years. 1133 per kg
In three years, open milk has increased by 32% to 112 rupees per liter, while open milk is sold in Karachi for 130 rupees per liter and another 30 rupees are prepared.
Over the past three years, the price of rice has risen an average of 30 percent, double single bread has risen 44 percent, and a 190-gram packet of tea leaves has risen 27 percent to Rs 248. During this period, chicken eggs also increased by 47% to 170 rupees per dozen.