Millions in Pakistan feel the pinch as food costs soar at Ramadan markets
Global energy shocks triggered by the Iran war are rippling through Pakistan’s economy, forcing the government to raise fuel prices and driving up the cost of everyday essentials.
The impact is being felt most acutely during Ramadan, a period when demand for food traditionally rises, leaving millions of Pakistanis struggling to cope.
Fuel prices have increased by about 20 per cent, with knock-on effects across supply chains.
Transportation costs have climbed sharply, pushing up the price of fruits and vegetables, even in government-subsidised Ramadan bazaars designed to ease the pressure of living costs.
At one such subsidised market in the capital Islamabad, shoppers say the relief has been limited, and many essentials are becoming harder to afford.
Vendors, meanwhile, are grappling with a difficult balancing act. Many say the cost of transporting produce has doubled due to more expensive fuel, forcing them to raise prices.
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