Peshawar Sees Mixed Kitchen Item Prices, Inflationary Pressures Persist

Peshawar Sees Mixed Kitchen Item Prices, Inflationary Pressures Persist

A weekly survey in Peshawar revealed mixed price movements for essential kitchen items. Tomato prices surged by Rs100 to Rs350/kg, sugar increased to Rs152/kg, and a 20-kg flour bag rose to Rs3000 in wholesale. Conversely, live chicken prices dropped by Rs15 to Rs345/kg. Provincial authorities blamed inter-provincial wheat movement bans for flour price hikes. Persistent domestic inflation, as evidenced by these rising food prices, typically puts pressure on the Pakistani Rupee and can enhance gold's appeal as an inflation hedge for local investors.

بحوالہ / Source: www.brecorder.com