The most recent development in Pakistan's economic landscape is the sharp increase in cooking oil prices, which has added significant pressure on households already grappling with rising living costs. According to ProPakistani, cooking oil prices have surged by Rs. 60 per liter, reaching Rs. 550 per liter, compared to the previous Rs. 490. This price hike is attributed to a shortage in supply and has exacerbated the financial strain on consumers, who are also facing increased costs for other essential goods like flour. A 5-kg bag of flour now sells for Rs. 900, highlighting the broader inflationary trends affecting essential food items in the country. The sentiment surrounding this development is negative, as it intensifies the economic challenges faced by Pakistani households.
ECONOMY
Cooking Oil Prices Surge Across Pakistan Amid Rising Costs

Pakistan faces economic strain as cooking oil prices surge to Rs. 550/liter, adding to inflation woes. Meanwhile, stable cement prices boost construction, offering hope amid rising living costs.
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Updated 7h agoAN