After the recent surge in sugar prices, Pakistanis are now facing another inflationary shock as the price of flour has begun to soar due to rising wheat costs.
🔹 Key Factors Behind the Price Hike
Global Wheat Shortage: International wheat prices have climbed amid supply disruptions.
Import Dependence: Pakistan’s reliance on imported wheat has made it vulnerable to currency depreciation and shipping costs.
Smuggling & Hoarding: Authorities suspect hoarding and cross-border smuggling are worsening supply shortages.
Monsoon Damage: Heavy rains and floods have affected standing crops in Punjab and Sindh, reducing local supply.
🔹 Market Impact
A 20-kg bag of flour has crossed Rs. 3,500 in several cities.
Roti and naan prices are expected to rise further, hitting daily wagers the hardest.
Mill owners warn prices may climb higher unless urgent measures are taken.