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Reading: Significant Drop in Ghee and Cooking Oil Prices Brings Relief to Pakistani Households
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Branded Ghee Price Increase
PhotoNews Pakistan > Pakistan > Significant Drop in Ghee and Cooking Oil Prices Brings Relief to Pakistani Households
Pakistan

Significant Drop in Ghee and Cooking Oil Prices Brings Relief to Pakistani Households

Web Desk
By Web Desk Published May 20, 2024 1 Min Read
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Ghee and Cooking Oil. Photo: WE News
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Ghee and cooking oil prices have significantly dropped over the past month, a welcome relief for households across Pakistan.

According to the dealers association, consumers can purchase Brand A and Brand B cooking oil and ghee at much lower prices.

Brand A cooking oil is now Rs 75 cheaper per litre, retailing at Rs 525. Similarly, Brand A ghee has decreased by Rs 25, priced at Rs 525 per kg.

Brand B ghee and cooking oil are now available for Rs 380 per litre, following a Rs 70 price cut.

This price reduction is a silver lining amidst broader economic challenges. The State Bank of Pakistan’s half-yearly economic review report projects an inflation rate of 23 to 25 per cent for the current financial year.

However, the report also offers optimism, forecasting a steady decline in inflation over the next six months. If this trend continues, the inflation rate could drop to 5 to 7 per cent by September 2025.

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