Price of 20kg flour bag reaches Rs2,850 in Peshawar

Peshawar: The flour price has reached all time high over Rs142/kg in Peshawar, Khyber Pakhtunkhwa (KP) on Monday.

The Flour Dealers Association claims that in only two weeks, the cost of a 20 kg bag of flour has increased by Rs450. The price of the 20 kg flour bag in Peshawar has increased from Rs 2,400 to Rs 2,850 in only the past two weeks.

The dealers claimed that a 100kg wheat bag now costs between Rs10,000 and Rs12,000 (approximately). Hoarding is predicted to cause the price of flour to increase further.

Earlier, Prime Minister (PM) Shehbaz Sharif directed the authorities concerned to take immediate measures to control the prices of wheat and flour in Khyber Pakhtunkhwa (KP), besides increasing supply from Punjab province.

Further on Sunday Flour prices in Karachi have scaled a new peak of Rs3200 per 20-kilogramme bag.

One kilogram of flour now costs Rs320 in Karachi, more than it does in Punjab and Islamabad, according to the Pakistan Bureau of Statistics.

The price of 1 kg of flour in Karachi is currently Rs320, which is more than the cost of the same item in Islamabad and Punjab, according to the Pakistan Bureau of Statistics.

According to the statistics, the cost of a 20kg bag of flour in Karachi increased by Rs200 last week, bringing the price to Rs3,200. The 20kg bag was now available in Hyderabad for Rs3,040, an increase of Rs140.

In addition, the cost of a 20kg bag of flour jumped in Bahawalpur, Multan, Sukkur, and Quetta by, respectively, Rs146, Rs93, Rs120, and Rs100.

According to earlier reports, "rising inflation" caused sugar prices to increase to a record high of up to Rs160 per kilo in retail shops across Pakistan.

The Pakistan Bureau of Statistics (PBS) reported that the sugar prices at retail level surged to Rs150 in different parts of the country – such as Karachi, Islamabad and Rawalpindi.