Categories: World

Pakistan: Ramazan Price spiral exposes weak market control in Lahore

Published by
Amreen Ahmad

LAHORE: Prices of vegetables, fruits and other kitchen essentials have continued to climb in Lahore’s open markets for the third consecutive day during Ramazan, despite the availability of relatively cheaper goods at government-established Ramazan Sahulat Bazaars and heightened enforcement by the district administration, as reported by The Express Tribune.

According to The Express Tribune, since the holy month began, subsidised bazaars and food outlets have witnessed heavy footfall as residents seek relief from soaring prices in neighbourhood markets. Several shoppers stated that they have stopped buying from local vendors due to what they described as excessive profiteering.

A visitor at the Township Ramzan Sahulat Bazaar said rates in Madina Bazaar were “unreasonably high,” compelling buyers to turn to subsidised stalls, even if quality standards were only average. Market checks indicate a substantial price gap.

In open markets, potatoes are being sold between PKR 40 and PKR 50 per kilogramme, onions at PKR 90, tomatoes near PKR 150, ginger at PKR 350 and garlic up to PKR 750 per kg. Fruit prices are even steeper, with apples around PKR 350 per kg, oranges at PKR 450, pomegranates reaching PKR 900, bananas at PKR 300 per dozen and guavas at PKR 300 per kg.

Official price lists at Ramazan bazaars show comparatively lower rates. Retailers argue that competing with subsidised outlets is unrealistic, saying government-backed vendors benefit from bulk procurement and lower utility and rental costs. Meanwhile, city authorities claim to have intensified action against hoarding and overcharging.

Amreen Ahmad
Published by AGENCIES