A woman picks up a carton of cooking oil at a store. Increase in ghee and cooking oil prices is forcing many consumers to buy these items on a ‘as needed’ basis instead of bulk buying as part of monthly grocery.
KARACHI: Rising prices of raw materials in local and world markets are causing extensive price pressure on various essential commodities, either edible or those used as raw material or fuel in industry. Rising demand as well as escalating global prices are driving the phenomenon.
The wholesale price of sugar has crawled up by Rs5 per kg in the current week despite frequent imports by the private and public sector.