Flour millers deliver another price shock
KARACHI: As the Sindh government gears up to release wheat stocks at Rs12,500 per 100kg bag from Oct 15 to stabilise flour prices, fearless millers on Thursday further jacked up prices by Rs6 per kg across various flour varieties. The total increase by the millers in the last few days stood at Rs20 per kg, as the provincial government and the city administration did not take serious notice of the…
Flour millers in Pakistan have once again increased prices, adding an additional Rs6 per kg to flour prices across various varieties. This follows the Sindh government's decision to release wheat stocks at Rs12,500 per 100kg bag on October 15, in an attempt to stabilise flour prices. The millers' cumulative price hikes over the past few days have reached Rs20 per kg.
With the Sindh government yet to show concern over the surging flour prices, consumers are expected to face further price shocks as retailers pass on the impact of the latest hike.
Brief written by urgent.news from Dawn Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
