Basmati rice prices drop in Pakistan

In the past two months, rice prices have gone down a lot, similar to how wheat and flour prices dropped earlier. Rice is now nearly Rs60 cheaper per kilogram because of the successful actions by the Punjab government.

The prices of different types of rice, including Super Kainat, Super Basmati, and Super Kernal, have all dropped by Rs50 to Rs60 per kilogram. Super Kainat rice now costs Rs280 per kilogram, down by Rs60. Super Basmati rice is now priced at Rs210 per kilogram, a reduction of Rs50.

Market sources report that rice prices continue to fall, easing concerns about artificial inflation. This trend is likely to help consumers by making basic food items cheaper. The government’s actions appear to be successfully keeping food prices down, offering some relief to people during tough economic times.

The drop in rice prices is part of a larger plan to keep food costs stable and ensure everyone can afford essential items. It’s good news for consumers that rice prices are going down, showing that the Punjab government’s actions are working as intended.

Published Date: June 26, 2024