LAHORE – Cooking oil and ghee prices increased massively in November 2024 in open market despite a decline in inflation rate.
Reports said the price of first-grade ghee and oil moved up by Rs54 per kilogramme while the prices of second and third-grade ghee and oil have been increased by Rs60 per kg.
Cooking Oil, Ghee Prices in Pakistan
The retail price of first-grade oil and ghee has surged from Rs505 to Rs559. The price of second-grade ghee, which was selling for Rs440, has increased to Rs500.
The retail prices of ghee range between Rs525 to Rs530 in various locations.
The price of second-grade oil, which was being sold for Rs452 per liter, has increased to Rs512, and in some places, it is being sold for Rs530 to Rs540.
Last week, the price of sugar, one of the basic food items in Pakistan, has been decreased by Rs13 per kilogramme at utility stores across Pakistan.
The Utilities Stores Corporation made the announcement stating that the price of per kg sugar has been fixed at Rs140. The new price will come into force with immediate effect.
Previously, sugar was being sold for Rs153 per kg at the utility stores.