Sudden record high increase in sugar price up to Rs170 per kilogram in retail market of Balochistan has increased the miseries of people of province who were already in grip of inflation.
According to details, the sugar that was earlier being sold at Rs145 suddenly recorded a Rs25 per kg rise in Balochistan. The dealers were of the view that the price of the commodity increased after the supply of sugar got suspended as vehicles got stuck on the national highways after the suspension of permits.
Meanwhile, the short-term inflation, measured by Sensitive Price Indicator (SPI), continues to rise with a year-on-year increase of 27.57 per cent for the week ending on Aug 17, Pakistan Bureau of Statistics (PBS) official data showed.—INP
