ISLAMABAD: The Pakistan Bureau of Statistics has launched information on sugar costs, stating a rise over the previous 12 weeks, ARY Information reported quoting PBS.
In line with PBS, sugar costs have surged by Rs 23.42 per kilogram throughout the previous 12 weeks.
The information exhibits that sugar costs have risen from Rs 131.85 per kilogram to Rs 155.27 per kilogram. In some cities, costs have reached as excessive as Rs 165 per kilogram.
Shoppers in Islamabad and Peshawar are paying the very best worth for sugar, with charges standing at Rs 165 per kilogram. In Rawalpindi, Lahore, Multan, and Karachi, sugar is out there at Rs 160 per kilogram.
The PBS information additionally revealed that sugar costs fluctuate throughout totally different cities, with Quetta, Sialkot, and Khuzdar recording costs of Rs 160, Rs 158, and Rs 158 per kilogram, respectively.
In different cities, together with Gujranwala, Faisalabad, and Bahawalpur, sugar costs stand at Rs 155 per kilogram.
Learn Extra: Govt ‘fails’ to persuade millers to decrease sugar costs
The event got here after, the federal authorities determined to offer sugar at Rs130 per kg throughout Ramadan.
Minister for Industries and Manufacturing Rana Tanveer Hussain directed Chief Secretaries of all provinces to determine sugar stalls on the municipal council degree and guarantee uninterrupted provide of the commodity at Rs130 throughout the holy month of Ramadan.
Earlier, a report mentioned that the federal government has reportedly failed in convincing millers to decrease sugar costs forward of the holy month of Ramadan.
As per particulars, the Pakistan authorities is making an attempt to decrease the sugar costs, however millers usually are not , the sources mentioned.
At present, the sugar is being bought at Rs155 per kg, however the authorities needs to decrease the costs of the commodity to Rs120 per kg. Nonetheless, the sugar millers are of the view that the per kg price of the commodity is Rs170.
They additional say, the sugar millers demanded that the federal government ought to abolish 18 per cent Normal Gross sales Tax (GST) on sugar as that is the one technique to decrease the costs by Rs25 per kg.