A 200 rupee jump has been observed in the price of a 20 kg bag of flour in Karachi. (Representative)
Karachi:
As flour prices in Pakistan’s Karachi hit a new peak of Rs 3200 per 20 kg – ie 1kg costs Rs 320 – people in the region are buying perhaps the ‘most expensive’ flour in the world, reports ARY News Pakistan Bureau As quoted by Statistics (PBS).
The price of flour in Karachi is higher than the price of the commodity in Islamabad and Punjab.
A 20 kg bag of flour in Karachi has seen a hike of Rs 200, taking the prices to Rs 3,200. Meanwhile, a 20-kg bag was available for Rs 3,040 in Hyderabad after an increase of Rs 140, reported ARY News.
In Islamabad, Rawalpindi, Sialkot and Khuzdar, the price of a 20 kg bag increased by Rs 106, Rs 133, Rs 200 and Rs 300, respectively.
Besides this, the price of a 20 kg bag of flour in Bahawalpur, Multan, Sukkur and Quetta increased by Rs 146, Rs 93, Rs 120 and Rs 100 respectively.
Earlier, it was reported that sugar prices touched a record high of up to Rs 160 per kg in retail markets in various parts of Pakistan amid rising inflation.
Citing PBS, ARY News further reported that sugar prices soared up to Rs 150 at the retail level in various parts of the country – such as Karachi, Islamabad and Rawalpindi.
Meanwhile, the sweetener was available at Rs 145 per kg and Rs 142 per kg in Lahore and Quetta, respectively.
Notably, Pakistan’s Karachi was ranked among the top five ‘least liveable’ urban centers in the world by the Economist Intelligence Unit (EIU), reports Dawn.
In EIU’s Global Liveability Index 2023, Karachi is ranked 169 out of 173 cities. Only Lagos, Algiers, Tripoli and Damascus are ranked below Karachi.
The Economist Intelligence Unit is the research and analysis division of The Economist Group, which provides forecasting and advisory services through research and analysis.
Scores are compiled and scaled to evaluate the livability factor within a range of 1-100, where 1 is considered intolerable and 100 is considered ideal.
The overall score of the city is 42.5, which is less than ideal. It performed the worst on the sustainability indicator with a score of 20, the same as 2022, meaning the situation hasn’t changed much in the past year. It scored 50 on healthcare, 38.7 on culture and environment, 75 on education and 51.8 on infrastructure.
(Except for the headline, this story has not been edited by NDTV Staff and is published from a syndicated feed.)