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Tag: ghee price in pakistan 2023

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.

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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

Increase In Price Of Ghee By 115 Rupees Per Kg In Pakistan

Ghee Price In Pakistan

Utility Stores Corporation has increased the Ghee Price In Pakistan today by Rs 115 per kg today.

According to the notification issued by Utility Stores Corporation, the price of subsidized ghee has been increased by Rs 115 per KG. The price has been increased from Rs 375 to Rs 490 per kg today.

Product Old Price New Price Difference
Ghee 375 490 115

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The beneficiaries of Benazir Income Sport Program will be exempted from the increase, the price of ghee per kg for them will remain Rs 300 per kg.

Under the Prime Minister’s package, the price of regular subsidized ghee has been increased for the second time in two months. Earlier, the price of ghee was increased by Rs 75 per kg on January 1, 2023.

Thus, in two months, under the Prime Minister’s package, ghee became expensive by Rs 190 per kg.