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Food inflation continues to persist

Food inflation continues to persist Prices of wheat flour, cooking oil and sugar went sky-high KARACHI: Food inflation has continued to pose a challenge to the government as prices of major kitchen items including wheat flour, cooking oil and sugar have gone sky-high despite the constitution of a committee to curb prices in the country. Industry officials said that prices had been on the rise partly due to the return of middlemen to the supply chain of commodities. They have also continued to speculate a likely shortfall in supplies that has kept prices at high levels. Besides, a significant surge in international prices of wheat and cooking oil also impacted rates in the domestic market.

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