Inflation in Pakistan has continued to rise sharply as the national rate reached 11.7 percent in May, marking the second consecutive month of double-digit increases. The latest data highlights growing pressure on households as prices rise across essential goods and services throughout the country. According to official statistics, inflation levels remained almost the same in […]
Price Hike
Spotify raises US subscription price to $12.99
Spotify has announced its third price increase in three years for subscription plans in the United States, raising the monthly fee from $11.99 to $12.99. The company sent an email notification to its paid users, confirming that the new rate will apply starting with their next billing cycle. Read More: Spotify set to launch music videos […]
Weekly inflation rises as tomato prices soar 57%
Pakistan recorded a 0.07% rise in weekly inflation, bringing the annual rate to 3.53%, the Pakistan Bureau of Statistics reported. Prices of 16 essential items increased last week, with tomatoes seeing the sharpest rise at 57.03%. Garlic and sugar prices also climbed 2.6% and 2.23%, while bananas and tea increased 0.72% and 0.59%, respectively. Beef, […]
Gas companies propose major price hike from july to cover losses
Pakistan’s two main gas companies, SNGPL and SSGC, have requested large price increases for consumers starting in July. They cited growing financial gaps and rising revenue needs for the 2025–26 fiscal year. These proposals were submitted to the regulator as part of their tariff review process. Sui Northern Gas Pipelines Ltd (SNGPL) has asked for […]
LPG prices rise again: Consumers face higher costs starting April 1
The Oil and Gas Regulatory Authority (OGRA) has announced an increase in liquefied petroleum gas (LPG) prices, effective from April 1, 2025. The new price of LPG has risen by Rs0.54 per kilogram, bringing the price to Rs248.37 per kg. As a result, the cost of an 11.8kg domestic LPG cylinder has increased by Rs6.40, […]
LPG prices increased to Rs250
LAHORE: The prices of Liquefied petroleum gas (LPG) have seen a third increase in days with distributors. A nationwide strike and sit-in against the hike are about to take place. Chairman of LPG distributors association Irfan Khokhar said that the mafia has completed the hat-trick of hikes in LPG prices. Rs30 has been increased in […]
Petroleum products’ price kept unchanged
The government on Saturday kept prices of petroleum products unchanged for next fortnight so that consumers are not burdened with price hike, Finance Ministry said in a statement issued here. “In the fortnightly review of petroleum products’ prices. Prime Minister has rejected the proposal of OGRA for increase in prices of petroleum products,” the statement […]
LPG price increased by Rs 94.89 per 1.8-kg cylinder
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Monday increased the locally produced Liquefied Petroleum Gas (LPG) price by Rs 94.89 per cylinder of 11.8 kilograms for the month of June. According to the notification of LPG price-revision, the LPG cylinder would be sold in the open market at Rs1,667.29 during the month, which was […]
Ramazan and the dreaded price hike
The advent of Ramazan has over the years become so closely associated with price hike as to be considered synonymous. The fasting causes a huge gap in demand and supply of edible items leading to an abnormal price hike. Governments have been providing some relief by underwriting subsidies. The pressure on prices with the inception […]
Cabinet stays decision on POL price hike
The federal cabinet on Tuesday delayed the decision on a proposed summary for increasing the prices of petroleum products. Addressing a press conference along with Minister of Water Resources Faisal Vawda, Special Assistant to Prime Minister on Information and Broadcasting Firdous Ashiq Awan said the prime minister had directed to send the recommendation from the […]