• AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees
Sunday, May 31, 2026
  • Login
No Result
View All Result
Economy.pk
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
No Result
View All Result
Economy.pk
No Result
View All Result

Ramadan Inflation: Profiteers Exploit Demand as Prices Skyrocket

by Web Desk
February 28, 2025
in Business, Economy
0
Inflation

"Prices soar as profiteers exploit Ramadan demand! 🍚📈 Citizens struggle as food prices skyrocket, while the Punjab government fails to take action. Will there be relief, or will inflation continue unchecked?

46
SHARES
4.6k
VIEWS
Share on FacebookX

As Ramadan approaches, inflation has spiraled out of control, with profiteers arbitrarily raising prices of essential commodities such as poultry, sugar, rice, and gram flour, making it increasingly difficult for citizens to afford basic necessities.

Soaring Prices Despite Government Promises

Despite repeated assurances of price regulation, the Punjab government has once again failed to control market inflation. The unchecked surge in prices has sparked public outrage, as middle- and lower-income households struggle to manage their expenses during the holy month.

In Multan, the prices of essential goods have skyrocketed within days:

  • Chicken has surged by Rs. 40 per kg, now costing Rs. 619 per kg.
  • Sugar is selling at Rs. 150 per kg.
  • Rice has jumped to Rs. 280 per kg.
  • Gram flour has hit an alarming Rs. 380 per kg.

A frustrated resident expressed his concerns, stating, “In this entire cycle, it’s the common people who suffer. Profiteers make their Ramadan profits in advance, while we struggle to afford basic necessities.”

Another citizen urged the government to take responsibility, saying, “Rice, sugar, and gram flour are essentials, especially during Ramadan. Authorities must step in to regulate prices and ensure affordability for all.”

Inflation Extends Beyond Multan

The crisis isn’t limited to Multan—Jhang is also experiencing skyrocketing prices of fruits and other essentials. The cost of staple Ramadan items has seen massive spikes:

  • Apples have increased from Rs. 200 to Rs. 350 per kg.
  • Bananas have jumped from Rs. 100 to Rs. 250 per dozen.
  • Dates, an essential item for breaking fasts, have soared from Rs. 750 to Rs. 1,000 per kg.

A shopper lamented, “Prices should go down during Ramadan, but instead, they double or even triple. Especially dates—every year, their rates skyrocket, making them unaffordable for many.”

Another resident sarcastically remarked, “They say the devil is locked away during Ramadan, but these profiteers take his place. They deliberately hike prices and exploit people’s needs.”

Government’s Inaction & Blame Game

Despite multiple claims by the Punjab government that market regulation efforts are in place, profiteers continue to operate unchecked. Shopkeepers blame wholesalers for the price hike, while authorities fail to take strict measures against market exploitation.

With Ramadan just around the corner, citizens are calling for immediate government intervention to control inflation. Empty promises will not be enough—people demand concrete action to prevent further financial burden on struggling families.

Tags: ConsumerRightsFoodCrisisInflationCrisisPakistaneconomyPriceHikeProfiteeringPunjabGovernmentRamadanEssentialsRamadanInflation
Web Desk

Web Desk

Related Posts

Pakistan, China agree to strengthen deep-rooted multifaceted ties

Pakistan, China agree to strengthen deep-rooted multifaceted ties

by Web Desk
May 26, 2026
0

Pakistan and China have reaffirmed their commitment to strengthening bilateral ties, strategic cooperation, and political mutual trust during Prime Minister...

IT exports expected to reach $4bn during current fiscal year, PM told

IT exports expected to reach $4bn during current fiscal year, PM told

by Web Desk
May 11, 2026
0

Prime Minister Shehbaz Sharif was informed on Monday that Pakistan’s IT exports are projected to reach between $4.5 billion and...

IMF approves $1.32b financing for Pakistan

IMF approves $1.32b financing for Pakistan

by Web Desk
May 9, 2026
0

The Executive Board of International Monetary Fund has approved one point three-two billion dollars financing for Pakistan under its Extended...

Pakistan speeds up taxation proposals ahead of key IMF budget talks

Pakistan speeds up taxation proposals ahead of key IMF budget talks

by Suneela Zulfiqar
May 6, 2026
0

With talks expected to begin with the International Monetary Fund (IMF) on May 12, 2026, to finalise the overall framework...

SBP says uncertainty may hurt financial stability prospects

Middle East conflict: SBP says uncertainty may hurt financial stability prospects

by Suneela Zulfiqar
May 6, 2026
0

The State Bank of Pakistan (SBP) has warned that ongoing uncertainty due to the Middle East conflict could create downside...

AI startup Cursor with Pakistani co-founder set for $60bn deal with SpaceX

AI startup Cursor with Pakistani co-founder set for $60bn deal with SpaceX

by Web Desk
April 24, 2026
0

SAN FRANCISCO: Cursor, an AI code-generation startup co-founded by Pakistani-born entrepreneur Sualeh Asif, has entered into a landmark $60 billion...

Next Post
Babar,Afridi,Haris and Naseem

Senior Pakistan Players Consider Skipping New Zealand Tour

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ads

  • AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees

© 2026 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates

© 2026 All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.