Fuel hikes outweigh cuts under daily pricing
Petrol up Rs25.87, diesel Rs17.09 since daily pricing began
Despite several price cuts since the daily pricing system was introduced, petrol now costs Rs25.87 more per litre on average, while diesel has risen by Rs17.09 per litre, according to an analysis. The daily pricing mechanism, launched on July 21, has seen both petrol and diesel prices increased and decreased numerous times. However, overall, petrol prices rose by Rs44.67 per litre and diesel prices by Rs62.26 per litre between the mechanism's start and August 29.
Thus, the net result is a 25.87 rupee increase for petrol and a 17.09 rupee rise for diesel. Critics argue that frequent fuel-price changes create uncertainty for consumers and businesses, making it hard for transport operators, traders, and households to budget. Higher fuel costs also affect the cost of transporting goods, which can lead to increased prices for essential items across the economy. Transport-dependent households and workers are particularly affected.
Written by urgent.news from The Express Tribune - Pakistan's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
