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The federal government’s claims of no increase in sugar prices have been proven false, as the Pakistan Bureau of Statistics confirmed a rise in sugar prices. Over the past two weeks, the price of sugar per kilogram has increased by Rs 10.
According to government statistics, Karachi residents are now paying the highest price for sugar in the country, with the price reaching Rs 145 per kilogram.
Documents from the Pakistan Bureau of Statistics reveal that in Islamabad, Rawalpindi, Lahore, Multan, Peshawar, and Khuzdar, the price of sugar has risen to Rs 140 per kilogram.
In Gujranwala, Sialkot, Faisalabad, and Bannu, sugar now costs Rs 135 per kilogram. In Hyderabad, Sargodha, Bahawalpur, Larkana, and Quetta, the price has reached Rs 130, while in Sukkur, it stands at Rs 128 per kilogram.
Federal Minister Rana Tanveer Hussain has denied reports regarding an increase in the price of sugar in the country.
In a statement issued by the Press Information Department, the federal minister clarified that the price of sugar is below 140 rupees per kg, with retail prices ranging between 130 rupees and wholesale prices between 124 and 125 rupees.
Rana Tanveer Hussain stated that under Prime Minister Shahbaz Sharif’s instructions, strict monitoring of sugar prices is ongoing. He urged the media to play a responsible role and refrain from spreading false information.
The minister further assured that the government is taking effective measures to control sugar prices and guaranteed the public that prices remain under control. It is worth noting that some media channels had reported an increase of 10 to 15 rupees per kg in sugar prices.
While it is reported by media, Sugar prices have increased by 10 to 15 rupees per kilogram across the country. According to reports, speculators and hoarders have become active since the beginning of this week, driving up the price of sugar.
As a result, large retailers are now selling sugar at 130 to 135 rupees per kilo, while the ex-mill rate has reached between 115 and 125 rupees per kilo. Smaller retailers are selling sugar for 140 to 150 rupees per kilo, with a 20-rupee increase.
