Households across Pakistan are facing fresh financial strain as cooking oil prices have recorded a significant increase in retail markets. The latest price surge has added pressure on families already struggling with rising living expenses.
According to market data, cooking oil prices have jumped by as much as Rs. 60 per liter within a week. Retail rates have climbed to around Rs. 550 per liter, compared to the earlier price of approximately Rs. 490 per liter.
Shortage Cited as Major Reason
Shopkeepers say the sudden hike is linked to supply shortages, which have pushed distributors to revise prices upward. Consumers report difficulty in finding affordable options as many essential food items continue to see upward price trends.
Flour Prices Also Increase
The impact of rising costs is not limited to cooking oil. Flour prices have also gone up, with a 5-kg bag selling for around Rs. 900, higher than several competing brands in the market. This double burden on kitchen essentials is creating serious challenges for low- and middle-income households.
Wider Inflationary Pressure
The price hike comes amid broader inflationary trends, where essential goods such as food and groceries are becoming increasingly expensive. Economic analysts say fluctuations in supply chains and import costs often influence edible oil rates.
What This Means for Consumers
Higher prices of daily-use food items directly affect household budgets, especially for families relying on fixed incomes. Many consumers are now looking for alternative brands or reducing consumption to manage expenses.
