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    Home » Blog » Milk prices surge as economic crisis contributes to inflation in Karachi

    Milk prices surge as economic crisis contributes to inflation in Karachi

    June 18, 2024Updated:June 18, 2024 World No Comments
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    KARACHI: As Pakistan continues to struggle with economic problems that, in turn, are contributing to prices in the country, the cost of several essential products, including milk, have also gone up, putting the weight on the citizens.
    The cause of the skyrocketing costs of essential goods is due to fluctuating global commodity prices and electricity shortages.
    Amidst these sufferings, accents from Karachi appeal with stress and worry.
    Residents ‘ resident M. Akhter discusses the difficulties faced by daily-wage workers and laborers, highlighting the effects of rising milk prices on both dairy products and other related products like ghee ( clarified butter ).
    ” We ca n’t sustain our households in such inflationary times”, he laments, urging the government to consider the plight of its citizens amidst these challenging circumstances.
    Faizan shares similar sentiments, claiming that milk prices have increased as dairy farm owners are paying for necessities like fodder, higher rents, and water.
    He says,” They have no choice but to pass these costs on to customers,” and he urges the government to prioritize the security of the common individuals regardless of how they came into power.
    In Karachi, and throughout Pakistan, the battle against inflation is not just about the economical statistics but also about the daily challenges that people face.
    Local media accounts claim that milk prices in Karachi increased significantly after dairy farmers and wholesalers, in partnership with director Karachi, reached a deal to increase prices by PKR 20 per gallon.
    The inspector met with stakeholders from the cheese gardening, wholesale, and retail sectors to explore and finalize the amount adjustment after an extensive consultation session that lasted several hours.
    After extensive discussion, all parties came to an agreement to adopt the 20-per-litre increase, setting the new price of milk at PKR 220 per gallon, which is a substantial increase over previous levels.

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