Flour price likely to go up by Rs200 per kg.
KARACHI -- The financial difficulties of the nationals have further increased amid skyrocketing inflation as flour prices were increased in different parts of the country, whereas, the flour price is likely to go up by Rs200 per kilogram due to the affected supply of wheat, media reported on Friday.
Karachi Wholesalers Grocers Association (KWGA) Chairman Abdul Rauf Ibrahim expressed fear of a flour crisis across the country and inflated prices up to Rs200 per kilogram.
He said that flour is the most essential item for people but the higher rates of flour would further increase the difficulties of the common people.
Ibrahim blamed the Sindh government for the expected flour crisis as it fixed the support price for wheat up to Rs4,000 per maund seven months before the new crop.
He criticised the Sindh government's decision to fix the support price for wheat despite knowing the country was facing a shortage of 8 million tons of wheat which encouraged hoarders and profiteers.
Ibrahim said the government price of wheat was Rs55 per kg last year which doubled in a sudden hike up to Rs100 per kg. 'In the retail market, per kg, normal flour is already being sold at the price of Rs120, fine flour at Rs130 and chakki flour at Rs140 per kg.'
He said that wheat hoarding will further increase the flour prices. The KWGA chairperson said, 'Flour prices are doubled in Sindh as compared to Punjab. I have asked the government officials in a meeting whether they have increased inflation by themselves. If everything was going in a...
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