KARACHI - The flour prices in the country have reached record high after a 20-kg bag of the commodity is being sold at Rs2,140 in Karachi, Pakistan Bureau of Statistics (PBS) data shows on Saturday.
Karachiities are being forced to buy costliest flour in the country as the citizens are forced to buy the flour at Rs1,160 more than in Punjab, Khyber Pakhtunkhwa, and Islamabad.
During the last week, the price of flour saw Rs180 hike on 20-kg bag in Karachi and Rs140 increase in Hyderabad. The price of 20-kg flour bag saw hike by Rs120 in Quetta, Rs100 in Khuzdar, Rs40 in Sukkur, and Rs20 in Larkana.
The PBS data further showed that the price of 20-kg bag is being sold in Hyderabad at Rs2080, Rs1950 in Khuzdar, Rs1920 in Quetta and Larkana, Rs1800 in Sukkur, Rs980 in Peshawar, Bannu, Islamabad and Rawalpindi.
It is pertinent to mention here that the annual inflation rate in the country, after a 1.31% weekly increase, reached a historic high of 46.10%, Pakistan Bureau of Statistics (PBS) data showed.
According to the PBS data, the weekly inflation rate in the country in the last week was 1.31%. Prices of 31 essential items increased in the last week while prices of three items fell in the last week, PBS data shows.
The data showed that the price of onion increased dramatically as a result of devastating floods in the country, the price went up by Rs51.52 in the last week. While the price of tomatoes went up by Rs20.87, it added.