Consumers have yet to witness any drop in the prices of grocery items despite a steep reduction of Rs6 per litre in diesel prices from November 1, 2014.
Meanwhile, the government is expected to further slash diesel price from December 1 in view of sliding crude oil and finished oil product prices.
So far, neither the federal nor provincial/city government have asked the manufacturers and market traders if they shared any relief with the consumers on account of fall in transportation cost.
Retailers in various areas said prices of all commodities produced by MNCs or private sector companies have been pegged to their old levels. They said there has been no intimation from companies’ distributors or other suppliers regarding any price cut.
Wholesale price of sugar and some rice varieties had declined but it was generally attributed to start of sugarcane crushing by the millers and a good rice crop.
