According to media reports inflation rate in Pakistan has reached to 30 percent. Wheat, sugar, tea, eggs, poultry, dry milk including NIDO, important medicines and electricity are among most effected items.
Price of 20 Kg flour bag has reached to Rs. 530 which was Rs. 300 in May 2008 last year. Price of one kilogram sugar has reached to Rs. 51 which was Rs. 25 last year during the year 2008. Cereals and vegetable rates have increased significantly. Price of one kilogram poultry has reached to Rs. 200 which was Rs. 120 last year during the year 2008. Price of one dozen eggs has reached to Rs. 60 which was Rs. 35 last year during the year 2008.
Very interestingly prices of all these things go up due to increase in petrol prices. Increase in petrol prices was the primary excuse of general price hike. Now petrol prices have reached to the lowest level. Prices of all these commodities should come to their previous levels.
Mutton is so expensive that we taste it only on the occasion of EID of animal sacrifice (Eid al-Adha). One can observe extraordinary increase by comparing rates of these items rates with the last year prices.
There is abundance of cheap food, dairy and poultry products in advanced countries. Similarly there are no shortages of electricity and petrol there. Pakistan must follow example of advanced countries by controlling price hike and increasing production.
The writer has performed complementary role in the overall governance, mass awareness and institutional reforms in Pakistan and around the world. Many of the writer’s suggested measures were approved.
Price hike in Pakistan, Inflation in Pakistan, Rising Prices of Food
Pakistan Senate, National Assembly, Provincial Assembly, Pakistan Parliament

August 13th, 2009
M Nouman Umar
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