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Chicken prices have significantly dropped in Lahore and other cities across Pakistan, following a decrease in the country’s inflation rate.
The cost of chicken meat per kilogram has fallen by Rs. 29, with the government fixing the new rate at Rs. 403, compared to the previous day’s rate of Rs. 432. Additionally, the price of live chicken has decreased by Rs. 20, setting the new wholesale price at Rs. 264 per kg and the retail price at Rs. 278 per kg.
According to a report by Pak Observer, in Multan, the wholesale price for live chicken is Rs. 264, while the retail price is Rs. 278 per kg. The price of chicken meat has been set at Rs. 400 per kg.
Just a day earlier, the price of chicken meat in Islamabad stood at Rs. 400 per kg.
Egg Prices Remain Stable
Egg prices have remained unchanged in Lahore and other cities in Punjab, with the government rate fixed at Rs. 324 per dozen.
Inflation in Pakistan
According to the State Bank of Pakistan (SBP), headline inflation dropped to 4.9% year-on-year in November 2024, aligning with the Monetary Policy Committee’s expectations. This decline was primarily due to a reduction in food inflation and the diminishing impact of the gas tariff hike in November 2023.
However, the central bank highlighted that core inflation remains stubborn at 9.7%, while inflation expectations among consumers and businesses continue to fluctuate.
