PESHAWAR – Sugar prices have surged, suprassing Rs200 per kilogram mark in retail markets as cost of 50-kg sack of sugar jumped to Rs. 8,800, placing additional financial strain on consumers – who are already bearing brunt of sky high prices.
Wholesale sugar prices hover at around Rs175 per kilogram, while retail prices vary between Rs180 and Rs200 in Peshawar. Market analysts attribute rise to multiple factors, including increased sugar consumption during the hot summer months and the impact of budget-related economic changes.
Traders are reportedly selling old stock purchased before Eid at the new elevated prices, amid an overall increase of up to Rs. 60 per kilogram in sugar prices over recent weeks.
Consumers expressed concern over rising cost of essential commodities, calling on authorities to implement measures to stabilize prices and prevent further inflation as demand intensifies.
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