Outcry in Pakistan: Chicken crosses ₹840 and rice above ₹320! Inflation did not stop even in the 23rd week

Pakistan Economic Crisis: Pakistan’s economic crisis is not ending despite the help from IMF to World Bank and all the friendly countries, while the common people of the country do not seem to be getting relief from inflation. According to the report, the weekly inflation rate is continuously increasing in poor Pakistan and this is the 23rd consecutive week when it has registered an increase. The surge in prices of everything from chicken to rice and wheat to edible oil is showing no sign of stopping.

According to the latest report of Pakistani media Dawn, the sensitive price index based short-term inflation rate in Pakistan has increased by 3.20% on an annual basis in the week ending January 8 due to increase in retail prices of wheat flour, sugar and rice, chicken and other items. SPI based inflation has been continuously increasing for the last 23 weeks. According to the official data released last Friday, it is increasing week by week.

Huge increase in food prices

The report said extraordinary rise in retail prices of everything from sugar to chicken has also played an important role in increasing inflation during the last few weeks. Compared to the previous week, the commodities whose prices recorded the highest increase include wheat flour (5.07%), chicken (2.86%), garlic (2.44%), chilli powder (1.01%), LPG price (0.88%), tea (0.73%), sugar (0.58%), bread (0.51%), basmati rice (0.41%) and firewood (0.25%).

Wheat price became costlier by 31.12%

Apart from this, according to Dawn, the commodities whose prices have increased the most in Pakistan on an annual basis include wheat flour (31.12%), gas price for the first quarter (29.85%), chilli powder (11.43%), sugar (11.18%), bananas and firewood (10.57%), jaggery (10.50%), powdered milk (9.51%) and eggs (8.03%) among others. It has been told that for the week ending January 8, compared to the previous week, the prices of about 21 essential and everyday items increased, while the prices of 22 items remained stable.

Chicken and rice went away from people’s plates!

inflation in pakistan Due to this, everything from chicken to rice seems to be disappearing from the plates of common people. If you look at the rates of food items in Pakistan updated on the website of Livingcost.Org, here 1 kilogram Chicken Breast Price In Pakistan is 2.99 dollars (about 840 Pakistani rupees), while PAK Rice Price is 1.12 dollars (about 320 PKR). Apart from this, 1 liter milk is priced at 0.78 dollars (219 PKR), 500 gram bread packet at 163 Pakistani rupees, 12 eggs at 317 Pakistani rupees, tomato at 140 PKR per kg, potato at 95 PKR per kg, onion at 121 Pakistani rupees per kg.

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Apple crosses Rs 300 in Pakistan

Talking about the prices of fruits, apple will cost around 300 Pakistani rupees per kg, while 1 kg banana will cost you 174 Pakistani rupees. Apart from this, 1 kg orange is available for 222 Pakistani rupees. Keep in mind that these food prices are as per the updated rates on the website and some changes are possible.