The spokesperson said it was true the prices of basic essentials had witnessed an unprecedented hike, but this was because of an increase in prices across the globe. The Food and Agriculture Organisation (FAO) in its report had said that during September and October, there was 3.9% increase in food inflation, he added. The spokesperson said a 12.25% increase in industrial growth was witnessed in August, adding that the companies also registered 21% hike in profits. We are now sugar surplus country. He added that Pakistan was a "sugar surplus country".

Source: The Express Tribune November 08, 2021 09:34 UTC