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Tag: dalda ghee 1kg price in pakistan today

cooking oil and banaspati ghee price in pakistan today

Banaspati Ghee and Cooking Oil Prices Have Been Reduced In Pakistan

Ghee and Oil Prices in Pakistan

The caretaker government has slashed of all brands of banaspati ghee and oil prices at utility stores of Pakistan, to provide relief to inflation-weary people who are paying record high prices for food and fuel.

In a major development, the price of popular ghee brands has been reduced by Rs 60 to Rs 394 per kg. Earlier, ghee was available at Rs 455, with prices of lesser-known brands hovering at record highs.

Expected Petrol Prices In Pakistan After 15 October 2023

Similarly, the prices of cooking oil have also been reduced despite the high inflation in the crisis-hit country.

Pakistan Bureau of Statistics (PBS) reported on Monday that consumer price index (CPI) inflation rose to 31.4 percent during September 2023 compared to the same month last year.

According to the PBS data, the inflation increased to 27.4 percent during the last month (August) while it was recorded at 23.2 percent during September 2022.

On a month-on-month basis, inflation rose to 2.0 percent in September 2023 from 1.7 percent in the previous month and declined to 1.2 percent in September 2022.

1kg Ghee Price In Pakistan

After the reduction in ghee prices, the 1kg ghee price in Pakistan has been fixed at Rs. 394 per kg.

cooking oil and banaspati ghee price in pakistan today

Government Reduced Ghee And Cooking Oil Prices

Ghee And Cooking Oil Prices

The federal government has announced a reduction in branded ghee and cooking oil prices at utility stores Pakistan.

This reduction will be from 37 to 60 rupees per kg of ghee and oil respectively. It is worth mentioning here that the announcement of reduction in ghee and cooking oil prices came after the drop in the value of the US dollar for the third consecutive day in the interbank and open market.

Also read this: Govt Has Reduced The Prices Of Ghee And Cooking Oil In Pakistan

It is said to be a sigh of relief for the inflation-stricken public who are suffering from skyrocketing prices. This adjustment is expected to provide relief to consumers who depend on cooking oil for their daily food needs.

Public got relief from inflation, Utility Stores Corporation Pakistan officials issued a notification to reduce the prices of branded ghee and oil. The price of branded ghee has been reduced by Rs. 37 to Rs. 59 per litre.

Although Finance Minister Ishaq Dar has said that people should be patient and Pakistan’s economy will recover in the near future.

cooking oil and banaspati ghee price in pakistan today

Govt Has Reduced The Prices Of Ghee And Cooking Oil In Pakistan

Finance Minister Ishaq Dar has said that the government of Pakistan has reduced the prices of ghee and edible oil at utility stores.

In his message on social networking site Twitter, Ishaq Dar said that prices of ghee and edible oil have been reduced at utility stores. The price of Tyrone brand ghee has been reduced by Rs. 69 and the price of cooking oil has been reduced by Rs. 76 per litre.

Description Market Price in Rs. Per KG/Liter USC Price In Rs. Per KG/Liter Difference In Rs. Per KG/Litre
1st Tier Branded Oil 618-630 540-590 40-78
1st Tier 1 Branded Ghee 580-585 545-577 8-35
2nd Tier Ghee (subsidize) 510-520 490 20

He said that the price of subsidized ghee has reached Rs 490 per kg. The price of Tyrone Ghee is Rs 545 to Rs 577 per kg. The price of Tyrone cooking oil is Rs 540 to 590 per kg.

The Finance Minister said that the price of second grade ghee is Rs 20 per kg less than the market price. Tier 1 ghee at utility stores is Rs 8 to Rs 35 per kg cheaper than the market. Tier one cooking oil is Rs 40 to 78 cheaper than the market.

Finance Minister Ishaq Dar said that reduction in prices of ghee and edible oil at utility stores will be implemented immediately.