Food prices massive surge by 18.57 per cent..Thanks to new Government

[BaDaR]

ISLAMABAD: The prices of essential food items registered a massive surge of around 18.57 per cent in March 2008, badly affecting the purchasing power of salaried and low-income groups, as they consumed a major chunk of their earnings to buy food items only.

According to official figures released by the Federal Bureau of Statistics (FBS) on Thursday, the CPI-based inflation surged by 14.12 per cent in March 2008, Sensitive Price Index by 18.57 per cent and Wholesale Price Index by 19.79 per cent.

During the first nine months (July-March) period, the inflation rates based on CPI, SPI and WPI for the year 2007-08 increased by 9.49 per cent, 12.87 per cent and 12.59 per cent respectively, over the corresponding period of 2006-07.

It increased by 8.00 per cent, 11.45 per cent and 7.02 per cent respectively in 2006-07 over the corresponding period of 2005-06.

In 2005-06, the rate of inflation increased by 8.25 per cent, 6.65 per cent and 10.57 per cent respectively over the same period of 2004-05.

An analysis of data for the last three years for the same period indicates that CPI, SPI & WPI were higher as compared to the last two years.

CPI, SPI and WPI in March 2007 increased by 7.67 per cent, 9.66 per cent and 6.11 per cent respectively over March 2006, and in March 2006, the CPI, SPI and WPI increased by 6.91 per cent, 6.77 per cent and 8.51 per cent respectively over March 2005.

In March 2008, the prices of vegetables increased by 22.42 per cent, chicken farm 22.32 per cent, cooking oil 16.14 per cent, vegetable ghee 14.30 per cent, fresh fruits 11.46 per cent, pulse masoor 10.76 per cent, mustard oil 9.06 per cent, rice 6.50 per cent, gram whole 5.83 per cent, milk products 5.25 per cent, milk fresh 4.91 per cent, tea 4.38 per cent, pulse gram 3.29 per cent, betel leaves & nuts 3.10 per cent, dry fruit 2.93 per cent, sweetmeat & nimco 2.65 per cent, cereals 2.35 per cent, jam, tomato, pickles & vinegar 2.14 per cent, besan 1.96 per cent, wheat flour 1.90 per cent, beverages 1.42 per cent, honey 1.26 per cent, readymade food 1.22 per cent, pulse moong 1.15 per cent and milk powder 0.98 per cent.

The prices of footwear increased by 4.10 per cent, cotton cloth 1.96 per cent, electricity 6.44 per cent, kerosene 5.51 per cent, firewood 2.62 per cent, diesel 7.02 per cent, petrol 7.01 per cent, CNG filling charges 4.61 per cent, service charges 1.90 per cent, transport fare charges 1.59 per cent and vehicles 1.47 per cent.


Food prices surge by 18.57 per cent (http://www.thenews.com.pk/daily_detail.asp?id=106006)

[naeemomer]

We must thank the previous government as well.
Mr. President and Mr. Short cut aziz.. ohh sorry Mr. Shaukat Aziz have been announcing WONDERFUL MASSICE growth of economy till last week. I don't know where is that economic growth, while the new minsiter, Ishaq Dar has released figures which are alarming as far as ecnomoy and food items are concerned. I wonder where is that ecnomic BOOM!!!

Here also, some people have been announcing the economic growth of Pakistan. I wish to see it on ground (or atleast proof)!

[BaDaR]

Well previous government is also involves but i don't think during last government they increase 18% at one time....they hardly pass 5% mark let alone 18%

[Chaudry]

kya banay ga GHAREEB admi ka hamari country mein ????

[BaDaR]

kya banay ga GHAREEB admi ka hamari country mein ????

joh sari dunya mein ho raha hai....marneh doh sab koh ya mar doh sab koh.

[Chaudry]

mujay to apni country kay halaat thek hotay nazar nae aatay. Issi liyay Aaj kal mein Pakistan bohot hi kamm jaata hon

[BaDaR]

mujay to apni country kay halaat thek hotay nazar nae aatay. Issi liyay Aaj kal mein Pakistan bohot hi kamm jaata hon

koi nai chaudry saab
dil chota na rakho......hamra mulk 2-3 saal main gurbaat seh nikal sakta hai....kamzam kaam hamrey mulk mein har rooz 1000 seh zaida bandey khudkhusi nahi karte

[Chaudry]

koi nai chaudry saab
dil chota na rakho......hamra mulk 2-3 saal main gurbaat seh nikal sakta hai....kamzam kaam hamrey mulk mein har rooz 1000 seh zaida bandey khudkhusi nahi karte

mein din ba din keemto ki price mein increment saye aur khud kash bomb dhamako saye bohot parishan hoon :angry2


pata nae gunda raaaj aur fasaad kab finish hongay

[BaDaR]

mein din ba din keemto ki price mein increment saye aur khud kash bomb dhamako saye bohot parishan hoon :angry2


pata nae gunda raaaj aur fasaad kab finish hongay

sir jee ab toh taqreebain month ho chuka hai bombblast hoye...allah kareh keh ab yeh na hi hoon.

rahi baat keemto ki price tohbas tanhawa bada doh toh sareh kaam set

[Chaudry]

sir jee ab toh taqreebain month ho chuka hai bombblast hoye...allah kareh keh ab yeh na hi hoon.

rahi baat keemto ki price tohbas tanhawa bada doh toh sareh kaam set

aur tahnkhwa barhaye ga kon ???????????? :hc

[Conartist]

its better if they just add poison in wheat and kill all of them quickly instead of torturing them to slow death:blink2

[zaka41]

We must thank the previous government as well.
Mr. President and Mr. Short cut aziz.. ohh sorry Mr. Shaukat Aziz have been announcing WONDERFUL MASSICE growth of economy till last week. I don't know where is that economic growth, while the new minsiter, Ishaq Dar has released figures which are alarming as far as ecnomoy and food items are concerned. I wonder where is that ecnomic BOOM!!!

Here also, some people have been announcing the economic growth of Pakistan. I wish to see it on ground (or atleast proof)!

Something will happen in 2014 and neemmmoer will also blame Musharraff, is there anycase where you don't blame this guy for something. Seriously your outrages.

[mixyguy6]

we can't beleive the new Govt for anything yet, it'll take atleast 6 months to see what new govt is doing...we are still reaping the fruits of the ex govt..and Mushi..:(

[BaDaR]

Something will happen in 2014 and neemmmoer will also blame Musharraff, is there anycase where you don't blame this guy for something. Seriously your outrages.

this post is better then many jokes and i love it

zaka saab cha gaye ho

[Chodhry]

Ibtadae Ishq e jamhooriat hai rota hai kya
aage aage dekhiye hota hai kya

[naeemomer]

Something will happen in 2014 and neemmmoer will also blame Musharraff, is there anycase where you don't blame this guy for something. Seriously your outrages.


Well, then blame Mr. XYZ. who has been ruling country ALONE for 9 whole years! Who should be blamed my DEAR?


I also wonder, how people forget everything so quickly...... People here argue that forget 12th May, 27th DEC ..... nothing special happened!

Forget July 2007, Nov 2007 ... and thats it :) Keep going mates!!1

[samifareed11]

Well, then blame Mr. XYZ. who has been ruling country ALONE for 9 whole years! Who should be blamed my DEAR?


I also wonder, how people forget everything so quickly...... People here argue that forget 12th May, 27th DEC ..... nothing special happened!

Forget July 2007, Nov 2007 ... and thats it :) Keep going mates!!1

i think not only are all you guys wrong, but you are missing the point.
a) World food inflation was 40% this year. So we are doing much better than the world.
b) The problem is that prices are too low in our country. We should let the FREE MARKET determine the price. The stupid government reduces the prices and all the investors smuggle it out of the country to get more profit.
C) If we let market determine prices, prices will be higher. Higher prices will mean more profit for the farmers. More profit will mean more people will want to do farming. More people farming will mean more produce. More produce will mean demand is met and prices go down because we now have more.

I am sure naeem is not going to get this but lets hope the rest do.

BTW the first thing that our new prime minister did was to raise the price of wheat by 80 rupees. I agree with him.

[BaDaR]

i think not only are all you guys wrong, but you are missing the point.
a) World food inflation was 40% this year. So we are doing much better than the world.
b) The problem is that prices are too low in our country. We should let the FREE MARKET determine the price. The stupid government reduces the prices and all the investors smuggle it out of the country to get more profit.
C) If we let market determine prices, prices will be higher. Higher prices will mean more profit for the farmers. More profit will mean more people will want to do farming. More people farming will mean more produce. More produce will mean demand is met and prices go down because we now have more.

I am sure naeem is not going to get this but lets hope the rest do.

BTW the first thing that our new prime minister did was to raise the price of wheat by 80 rupees. I agree with him.
Problem is that our media is new and they are just mad at how they got power and highlights many things in which we are far better then rest of world but they show in wrong way.

One Indian guy work with me, he just came from holidays in indian and he told me that onions are 40-45 Rs per KG in india but in Pakistan its around 25-30 and that's big different because india currency is stronger then ours. Not a single thing was cheaper then Pakistan from Potato to tomato etc but Indian media doesnt show such news on media because they know how to show country image and that's the reason they are getting lots of tourism and foreign investment then us who always cry small things.


today is 14 april and 2nd of Vasaki(Punjabi Month) that the date when people in Punjab start cutting wheat and within 1-2 weeks they start selling, hopefully in 2 weeks this wheat problem will be solved and if its still not solved then all i can say PPP will be fail in running government because April is the month when we get rehmat of wheat from our own land and that's enough for next one year unless government sell like they did last time.

[khabboo]

The price of food has also gone up in the UK. Food prices are at its highest since 1991. On average it is estimated that approximately 1500 uk pounds will be spent.

Sorry i don't have time to add the links, but do a google search and you will see that the food price increase is not just in Pakistan.

Rice has gone up by approximately 37% (sad for the poor people around the world).