Flour¸, sugar prices jacked up at Utility Stores

Islamabad: The prices of flour, sugar and other essential items have jacked up at utility stores across Pakistan on Monday.

According to details in the analysis on grocery item pricing, sugar costs Rs 155 in utility stores whereas it costs Rs 142.54 on the open market, or Rs 12.46 less than in utility stores.

Similar to this, a 20 kg flour bag costs Rs 2840 at Utility Stores, however it costs Rs 2706.32 on the free market, which is Rs 133.68 less.

Earlier in August, the wholesale price of sugar hit a record high and reached Rs163 per kilogram in Pakistan.

Wholesale Grocers Association in its statement said that the per kilogram price of sugar has gone up by Rs 6 with a 1-kilogram pack being sold out in the wholesale market at Rs 163.

In retail, the price of the commodity varies between Rs170 to Rs180 per kilogram. The chairman of the Wholesale Grocers Association Rauf Ibrahim said sugar is not available to wholesalers even at high prices. If the surge continues the sugar prices can go beyond Rs 200 per kg.