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Lahore's Ramazan Price Hikes Reveal Flawed Market Oversight in Pakistan
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Ramazan Price Spiral: Lahore's Weak Market Control Exposed Amid Soaring Costs
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News18
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22-02-2026, 14:00
Ramazan Price Spiral: Lahore's Weak Market Control Exposed Amid Soaring Costs
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Lahore faces a third consecutive day of rising prices for essentials during Ramazan, despite subsidized bazaars and increased enforcement.
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Shoppers are turning to government-established Ramazan Sahulat Bazaars due to 'excessive profiteering' in open markets.
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Significant price gaps exist: potatoes PKR 40-50/kg in open markets vs. lower rates at Ramazan bazaars; ginger PKR 350, garlic PKR 750/kg.
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Retailers cite bulk procurement and lower costs for subsidized outlets, while authorities claim intensified action against hoarding.
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Inflationary pressures persist with the Sensitive Price Index rising 5.19% year-on-year, marking the 29th consecutive weekly increase.
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