logo
Food consumers face rampant overpricing in metropolis

Food consumers face rampant overpricing in metropolis

Express Tribune09-03-2025

Overpricing remained rampant this week with the official rates of essential food items, including fruits, vegetables and meat, largely ignored in the markets in the city.
The official poultry rate list remained unchanged for the third week with sellers complaining of unrealistic prices.
They said chicken meat prices, like those of other perishable goods, were affected by the supply and demand on a daily basis.
The official price of live chicken was set between Rs397 and Rs411 per kg, but it was sold at Rs460 to Rs480 per kg. Chicken meat was officially priced at Rs595, while market rates ranged between Rs670 and Rs740 per kg. Boneless chicken was listed at Rs1,000 to Rs1,100 in different areas of the metropolis.
Vegetable prices also saw significant differences. Potatoes were officially priced at Rs50 to Rs55 per kg but sold at Rs80 to Rs100.
The official rate for onions was Rs60 to Rs65 per kg, while market prices reached Rs80 to Rs100 per kg. Tomatoes, priced officially at Rs45 to Rs50 per kg, were sold between Rs100 and Rs120 per kg.
Local garlic was officially set at Rs300 but was available in the market for Rs500 per kg.
Ginger had an official rate of Rs360 to Rs375 per kg but was sold at Rs400 to Rs600.
Farm cucumbers were priced officially at Rs52 to Rs55 per kg but were sold between Rs80 and Rs120 per kg. Brinjal was fixed at Rs57 to Rs60 per kg but was sold at Rs100 to Rs120 per kg. Bitter gourd, which had an official rate of Rs162 to Rs170 per kg, was sold at Rs280 to Rs300 per kg.
Fruit prices also showed similar discrepancies. Apples were priced between Rs170 and Rs325 per kg officially, yet market prices ranged from Rs250 to Rs600 per kg. A-category bananas had an official price of Rs250 to Rs260 per dozen but were sold for Rs350 to Rs400 per dozen.
Guavas, fixed at Rs160 to Rs220 per kg, were available in the markets at Rs250 to Rs300 per kg.
Kinow, officially priced at Rs180 to Rs425 per dozen, was sold for Rs400 to Rs700 per dozen. Pomegranates of the Danaydar variety were set at Rs420 to Rs440 per kg but sold at Rs600 to Rs800 per kg. Strawberries had an official price of Rs200 to Rs465 per kg, yet market rates reached Rs350 to Rs450 per kg.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Cattle markets spring to life amid soaring prices
Cattle markets spring to life amid soaring prices

Express Tribune

time10 hours ago

  • Express Tribune

Cattle markets spring to life amid soaring prices

With Eidul Azha approaching, cattle markets across the metropolis have come alive with the hustle and bustle of buyers and sellers, but this year's skyrocketing prices have left citizens stunned. From the outskirts to the heart of the city, several makeshift livestock markets have been set up where people, including children, are eagerly heading to select their preferred sacrificial animals. However, prices for both small and large animals have surged drastically, making it difficult for many to afford this religious obligation. At the markets, the starting price of a bull is reported to be around Rs350,000, calves range between Rs200,000 to Rs250,000, and camels are being sold for Rs400,000 to Rs800,000. The steep rise in prices, driven by inflation and supply costs, has left both sellers and buyers anxious. To attract buyers, vendors have gone to great lengths to groom and decorate the animals. Protective measures against the summer heat are also in place as sellers are seen cooling their livestock with cold water baths and offering them traditional desi drinks. Makeshift shades have been erected to shelter the animals from the harsh sun. Meanwhile, the prices of fodder have also soared. Dry fodder such as bhoosa and toori is being sold for Rs800 to Rs850 per 40kg, while chopped green fodder costs Rs600 per 40kg, and unchopped green fodder is priced at Rs400 per 40kg. At Manawan Mandi, traders have arranged for their own electricity via generators and installed borewells for the animals' drinking water. However, no government-provided facilities like water filtration units or cooling systems for visitors have been set up. A complaints cell has been established, but many citizens remain concerned about the lack of basic amenities. Despite the challenges, the buying and selling of sacrificial animals continues in full swing.

Gold price per tola falls Rs700 in Pakistan
Gold price per tola falls Rs700 in Pakistan

Business Recorder

time3 days ago

  • Business Recorder

Gold price per tola falls Rs700 in Pakistan

Gold prices in Pakistan decreased on Friday in line with their decline in the international market. In the local market, gold price per tola reached Rs348,600 after it lost Rs700 during the day. Similarly, 10-gram gold was sold at Rs298,868 after it shed Rs599, according to the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold prices remained stable in Pakistan in line with no change in the international market. The international rate of gold also declined on Friday. The rate was at $3,302 per ounce (with a premium of $20), a decrease of $7, as per APGJSA. Meanwhile, silver price per tola remained stable at Rs3,380.

Rs600m corruption unearthed in Dasu project
Rs600m corruption unearthed in Dasu project

Express Tribune

time3 days ago

  • Express Tribune

Rs600m corruption unearthed in Dasu project

The Senate Standing Committee on Economic Affairs on Thursday detected mega corruption in Dasu Hydropower Transmission Line project, calling for a thorough investigation by the relevant authorities, including the Federal Investigation Agency (FIA) and the National Accountability Bureau (NAB). The committee which met with its chairman Senator Saifullah Abro in the chair, was informed that that the project contract was awarded on the basis of a letter from the Engineering Development Board (EDB) in 2015, while the National Engineering Services Pakistan (Nespak) presented wrong figures. The chair expressed anger over the alleged corruption in the project, amounted to Rs600 million. "How could the project be given to a company based on a letter," he raised the question. "It is the responsibility of all institutions to investigate it." The committee was informed that Nespak presented wrong figures during the scrutiny of the bidder, and the Nespak managing director confessed to the wrong figures. The committee directed action against the wrong figures presented by Nespak officials. "The negligence of the Power Division [in this issue] should be investigated. This matter should be investigated by NAB and FIA," Abro told the committee. "The officials who gave wrong figures should be terminated," he added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store