The inflation and the fluctuation in the dollar’s value Monday resulted in the decrease in the sale of motorcycles, reported 24NewsHD TV channel.
Motorcycles are there for sale in Saddar Bazaar on Akbar Road of Karachi but the number of buyers has reduced because of the monstrous inflation across the country. Everyone seems to be very worried as almost every business and trade is affected.
The Saddar Market of motorcycles on Akbar road which was once very crowded by the buyers now seems to be deserted as the sellers are waiting for buyers to appear.
Electronics and Motorcycle Alliance Chairman Abdullah Shari said that the prices of the motorcycles have been majorly affected by the fluctuations in dollar value and the hike in prices of the raw material.
According to the reports, buying a new motorcycle has become a dream for the general public and the traders selling the motorcycles are also suffering a lot.
Reporter: Baseem Iftikhar