Tag: Price Surge
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Steel prices surge to record high in Pakistan, posing a major challenge for construction sector
Read about the uphill battle in Pakistan’s construction industry as steel prices soar to an all-time high following a recent power tariff hike. Learn how this surge is affecting the availability of raw materials and posing major challenges for the construction sector
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Wheat prices soar in Lahore, hitting Rs5,100 per 40kg bag
In Lahore, the price of a 40kg bag of wheat has surged to Rs5,100, which is significantly higher than the government’s fixed rate of Rs3,900. The leader of the flour mills association has stated that the government’s rate is not being implemented in the market. As a result of the increase in wheat prices, the…
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Weekly inflation jumps over 46% as wheat flour prices reach all-time high in Pakistan
The price of wheat flour has hit an all-time high, and this has caused weekly inflation to surge by 1.80 per cent week-on-week and 46.65 per cent year-on-year. The Pakistan Bureau of Statistics has attributed this rise in the sensitive price indicator to the increase in prices of several items, including wheat flour, tomatoes, potatoes,…