KARACHI—As the holy month of Ramazan began, consumers in Karachi faced the familiar challenge of inflated food prices, despite assurances from local authorities to crack down on profiteering. The situation mirrors previous years, with retailers flouting official price controls and charging exorbitant rates for essential food items needed for Iftar and Sehri.
Despite the Karachi commissioner’s fixed rates for various food essentials, many shopkeepers continue to demand prices significantly higher than those set by the authorities. Bananas, for instance, were priced between Rs250-300 per dozen, starkly above the official Rs148. Similarly, fruits like melons and guavas were being sold at nearly double the regulated prices.
Vegetable prices also saw significant hikes. Potatoes and onions, fundamental ingredients for many households, were sold at Rs70-100 and Rs80 per kilogram, respectively, surpassing the official rates of Rs58 and Rs52. Tomatoes, despite a recent drop in market prices, were unavailable at the official rate of Rs23 per kilogram, with retailers demanding anywhere from Rs50-60.
Bakery products, including Khajla and Pheni, have not been spared from the price surge. Retailers are selling these items at rates far above the regulated Rs800 per kilogram, with prices reaching as high as Rs1,600. Similarly, Jalebi, an Iftar staple, is being sold at Rs700-880 per kilogram, well beyond the official Rs500 rate.
Meat products also reflect this trend of overpricing, with beef and mutton prices significantly exceeding their official rates. Despite official prices for veal being set at Rs1,000 and Rs1,050 per kilogram, market prices range from Rs1,300 to Rs1,700. Mutton, despite a seasonal decrease in demand, has seen prices rise to Rs2,200-2,400 per kilogram.
The commissioner’s office has reported the arrest of 14 profiteers on the first day of Ramazan and fines totaling over Rs1.586 million imposed on retailers for overcharging. Additionally, several shops have been sealed as part of the crackdown on price violations.
Commissioner Syed Hasan Naqvi reiterated the commitment to enforce official price lists, urging deputy commissioners to take stringent actions against violators. He encouraged citizens to report price hikes to the complaint cell established at his office.
As Karachi’s residents navigate these economic challenges, the effectiveness of official measures remains under scrutiny, with many consumers left bearing the brunt of soaring prices during the holy month.
