As Ramadan approaches, frustration is mounting across Karachi's markets, where residents say unchecked inflation and weak governance have turned the month of Ramadan into a financial ordeal.
Pakistan's short-term inflation has risen for the 16th straight week as food and energy prices continue to climb. Supply disruptions from the Pakistan-Afghanistan border closure and rising sugar and meat costs have deepened market shortages, straining households already struggling with shrin
According to Dawn, the price surge was propelled by a spike in edible oil, sugar, and several perishable goods. Disruptions caused by the closure of the Afghan border have particularly strained supplies of vegetables, reversing earlier signs of stability. Pakistan's weak supply chain governa
According to Dawn, for ordinary Pakistanis, this is not merely a price revision; it is another heavy blow to already stretched household budgets. Each fuel price increase sets off an inflationary chain reaction that impacts food, electricity, transport, and industrial costs, embedding inflat
The demonstrations, held on the call of the central leadership of the All Pakistan WAPDA Hydroelectric Workers Union, denounced what they termed as an anti-worker and anti-people policy by Pakistan, as reported by The Express Tribune.
Pakistan's inflation rate rose for the second consecutive month, reaching 6.2 per cent in October, driven by price hikes across multiple categories, particularly non-food and non-energy goods, signalling growing underlying inflationary pressures.
In another blow to inflation-stricken citizens, the Pakistani government led by Prime Minister Shehbaz Sharif is expected to raise the prices of petrol and diesel from February 1, 2025, according to a report by Samaa TV.
The market, a popular destination for locals seeking affordable winter clothing, has become eerily deserted, leaving traders and shopkeepers facing an uncertain future
According to a recent study by Pulse Consultant, of those currently struggling to make ends meet, 60 per cent have had to cut back on essential expenses, including groceries, while 40 per cent have resorted to borrowing money from their acquaintances.