20 commodities register 7 per cent price hike in January

ISLAMABAD: A Free and Fair Election Network (FAFEN) report on Wednesday said prices of 20 commodities increased in January compared to the preceding month while those of 25 came down and seven remained unchanged.

FAFEN collected the prices of 52 commodities from 179 retail outlets in 91 districts across the country on January 10, 2012. Twenty commodities that included poultry products, kitchen fuels, meat, medical services and fruits registered an average increase of 7% but 25 commodities including pulses, rice varieties, cooked items, vegetables and condiments saw a 4% decrease in prices. A major increase was recorded in the prices of all the poultry items with broiler chicken live registering the highest increase of 29%, followed closely by broiler chicken meat (28%. There was a 19% hike in the price of eggs per dozen while beef and mutton registered an increase of 2% and 1% respectively. The prices of all the observed kitchen fuels – LPG (11%, firewood (1% and kerosene oil (1% – also went up. Among fruits, kinnow (24%, dark red apples (5% and bananas (3% registered an increase in prices while that of golden apples fell by 2%. Gram pulse and chickpeas each registered a 1% increase whereas the prices of pulses masoor (4%, moong (3%, mash (3%, red beans (2%, black gram (2% and white beans (2% registered a decline.

The change in prices of vegetables was due to the seasonal effect – the prices of potatoes (19% and tomatoes (10% came down as the harvesting season of these crops continued across the country. However, onions recorded a 6% increase in price.

Similarly, as the harvest of the sugarcane crop continued, desi shaker, sugar and gur, registered a respective decrease of 9%, 7% and 7% in prices. Also down were the prices of all the observed rice varieties, irri-6, basmati-386 and basmati broken by 2%, 1% and 1% respectively.

Among condiments and spices, garlic and ginger registered a decline of 8% in their respective prices while that of turmeric decreased by 4% and red chilli powder by 3%. Only the price of salt powder registered an increase of 2%.

Despite an increase in the price of kitchen fuels, the prices of plates of cooked beef, vegetables and dal decreased 1% each. However, prepared tea cup registered a2% increase. Among medical services, the price of blood and urine tests increased 2% and 1% respectively. The average prices of commodities, including yoghurt, fresh milk, branded cooking oil and vegetable ghee, blood sugar test, wheat flour and Disprin.

10 tablets, remained unchanged between December 10, 2011 and January 10, 2012.

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