The prices of essential kitchen items especially vegetables and fruits have continued witnessing an increasing trend during this week past against the previous week, revealed a survey.
The survey has observed that within the past seven weeks owing to successive increase in fuel prices which led to escalate transportation cost, the prices of vegetables and fruits have witnessed a significant increase. The survey observed a reduction in sugar price which went down from Rs 7,500 per 50kg bag in the wholesale to Rs 7,300 per bag in the wholesale market which in retail is being sold at Rs170 per kg. Since September 7th, the sugar price has witnessed a reduction of Rs 1,700 per bag as it went down from Rs 9,000 per bag to Rs 7,300 per bag or Rs34 per kg.
However, within the past five months, sugar price has witnessed an increase of Rs 4,000 per bag as it went up from Rs 5,000 per 50kg bag to Rs 9,000 since June 2023, which shows sugar industry is still profiteering at Rs 2,300 per 50kg bag or Rs46 per kg in the wholesale market.
