Onion prices skyrocket across the country including Lahore

By: News Desk
Published: 06:36 AM, 15 Jan, 2024
Onion prices skyrocket across the country including Lahore
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 In an alarming surge, onion prices have spiraled out of control, reaching unprecedented levels of Rs. 240 per kilogram in major cities like Lahore, Karachi, Quetta, and Rawalpindi, reported the 24NewsHD TV channel.  


Despite the government's efforts to regulate prices through official rate lists, the district administration in Lahore has been unsuccessful in implementing control over essential commodities, including onions.


Official records show a reduction in government-fixed rates for onions; however, the market has not reflected this decrease.


In Lahore, onions are still being sold at a staggering Rs. 240 per kilogram, classifying them as a first-degree essential commodity.


In a slight relief, tomato prices in the city have seen a reduction of Rs. 10, bringing them down to Rs. 140 per kilogram.


Meanwhile, the cost of chicken meat has peaked at Rs. 615 per kilogram, and eggs are being retailed at Rs. 400 per dozen.


Grapes are priced at Rs. 600 per kilogram, apples at Rs. 300 per kilogram, and oranges at Rs. 200 per dozen.


The meat market in Lahore has witnessed mutton being sold at Rs. 2,200 per kilogram and beef at Rs. 1,200 per kilogram.


Contrary to the official rate of Rs. 256 per kilogram set by the provincial government, liquefied petroleum gas (LPG) is being traded at Rs. 290 per kilogram.


Quetta, too, has witnessed a surge in onion prices, with rates escalating to Rs. 240 per kilogram after an additional increase of Rs. 20.


The inflationary trend extends to twin cities Islamabad-Rawalpindi, where garlic and ginger are priced at Rs. 800 per kilogram, onions at Rs. 250 per kilogram, and apple at Rs. 300 per kilogram.


 As the cost of living continues to rise across the country, concerns mount over the economic impact on households, prompting authorities to revisit and reassess measures to stabilize commodity prices.

Categories : Business