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Saturday April 27, 2024

Latest wave of price hike upsets Pindiites

By Ibne Ahmad
November 30, 2023

The struggle to cope with the skyrocketing price hike of daily essentials has dealt a further blow to the common people as their prices have started shooting up abnormally.

“The latest wave of price hikes of daily needs and other food items has further upset the commoners. The authorities must carry out constant monitoring of the markets to keep normal the prices, stocks, and supplies of essential commodities,” says Zafar Mehdi.

“Officials are assuring that there would be no shortage of essential commodities. They also warned of taking stern action against those who would try to create any artificial crisis of daily essentials in the market but with no results,” says Farhat Hussain.

Women shop at a market after the government eased the lockdown imposed as a preventive measure against the coronavirus, in Rawalpindi. — AFP/File
Women shop at a market after the government eased the lockdown imposed as a preventive measure against the coronavirus, in Rawalpindi. — AFP/File

“Traders are constantly increasing the prices of essentials, so there has not been much reflection on the market what the government is claiming in terms of stock and market monitoring,” says Mazhar Ali.

“With the reduced income, the sky-high prices of daily essentials are eating into people’s family budgets. Now one can hardly buy anything at a high price though there is a big price gap in retail and wholesale markets,” says Naveen Fatima.

“The price hike of essentials is very much visible. Consumers allege traders deliberately hike the prices of vegetables without showing any valid reasons. A section of dishonest traders deliberately adopts the strategy to raise the prices of vegetables and other essentials,” adds Naveen.

“The government should mull further steps to bring down prices of daily essentials to keep them at a tolerable level for ordinary consumers. Besides, the local administration will have to monitor the prices of essentials at all major markets,” says Fakhar Hasan.

“Everything has gone out of people’s purchasing capacity. The lower, lower middle, middle and fixed income groups’ people especially day laborers, rickshaw-pullers, drivers are the worst sufferers from the essentials price hikes,” adds Fakhar.

“We are facing serious financial hardship as running families have now become unbearable for us. No one will understand our agonies, prices are skyrocketing although our salaries do not increase,” says Mohsin Reza.

“Our sufferings have increased due to fresh surge in prices of essentials. The businesspersons should not think only about profit, but also take some more measures immediately so the commoners would not suffer from price hikes,” adds Mohsin.

“When the government is trying hard to keep the prices of essential commodities at a minimum level through ensuring stabilization of the economy, some corporate houses, dishonest millers, hoarders, and traders together are making the essentials market unstable deliberately,” says Ali Abbas.

Rafaqat Ali says, “The prices of essential commodities are going up due to the excessive greed of traders. It is not possible to arrest the prices of daily essentials by only taking measures, making statements or warning issues instead of getting tough on the greedy traders.”