vimarsana.com

உணர்திறன் ப்ரைஸ் குறியீட்டு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sugar crisis: Pakistani consumers take a costly ride of paying high prices--China Economic Net

ISLAMABAD, July 23 (China Economic Net) - According to the data of Sensitive Price Index, sugar prices soared to Rs98-110 per kg in major cities of Pakistan in fiscal year 2021 as compared to Rs78-85 in the preceding year. Thus consumers have to pay Rs20-25 more.    Touching upon why the sugar prices increased, Iskandar Khan, Central President of Pakistan Sugar Mills Association, said “when mills buy expensive cane from the middleman, automatically sugar prices rise. So later it’s found that the recovery of sugar cane will be reduced this season. In the present price of sugar, 80% is the price of sugarcane.”

Inflation deserves more serious actions - Newspaper

Inflation isn’t just a number. Since it affects the way people live, it has an emotional value, too. For people living below the poverty line, inflation is a curse. Inability to cope with an increased cost of living sometimes separates once-happy families and in extreme cases triggers suicides. This social aspect of inflation makes it a far more important economic indicator than others. Political governments do realise it and make efforts to keep inflation in check. But that often becomes a daunting task because of the complex relationship between inflation, employment and economic growth. Creating additional jobs to reduce poverty is not possible without pushing up economic growth. And, higher economic growth cannot be achieved without letting prices of goods and services move up.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.