Tomato prices increased almost twofold on a month-on-month basis and 100% on a year-on-year basis, according to the PBS. Petrol prices increased 27% last month. Food inflation in urban areas increased from 12.9% to 15.1% and in rural areas it increased from 15.2% to 17.8%, reported the PBS. Despite Prime Minister Imran Khan’s interest in controlling prices of wheat, wheat flour and sugar, the rates have been increasing constantly. Sugar prices also increased 17% in July over a year ago, according to the national data collecting agency.
Source: The Express Tribune August 04, 2020 03:44 UTC