ANL 31.50 Decreased By ▼ -0.29 (-0.91%)
ASC 18.90 Decreased By ▼ -0.83 (-4.21%)
ASL 26.27 Decreased By ▼ -0.13 (-0.49%)
AVN 91.95 Decreased By ▼ -0.05 (-0.05%)
BOP 8.30 Decreased By ▼ -0.06 (-0.72%)
BYCO 12.85 Increased By ▲ 0.06 (0.47%)
DGKC 127.20 Increased By ▲ 0.10 (0.08%)
EPCL 47.90 Decreased By ▼ -0.86 (-1.76%)
FCCL 24.18 Increased By ▲ 0.12 (0.5%)
FFBL 26.55 Increased By ▲ 0.25 (0.95%)
FFL 17.80 No Change ▼ 0.00 (0%)
HASCOL 11.32 Decreased By ▼ -1.01 (-8.19%)
HUBC 80.25 Decreased By ▼ -0.75 (-0.93%)
HUMNL 9.12 Increased By ▲ 0.36 (4.11%)
JSCL 23.40 Decreased By ▼ -0.93 (-3.82%)
KAPCO 43.07 Decreased By ▼ -0.18 (-0.42%)
KEL 4.30 Decreased By ▼ -0.21 (-4.66%)
LOTCHEM 15.99 Increased By ▲ 0.19 (1.2%)
MLCF 48.75 Increased By ▲ 0.10 (0.21%)
PAEL 35.40 Decreased By ▼ -0.40 (-1.12%)
PIBTL 11.96 Increased By ▲ 0.75 (6.69%)
POWER 10.20 Decreased By ▼ -0.16 (-1.54%)
PPL 90.49 Decreased By ▼ -0.66 (-0.72%)
PRL 26.15 Increased By ▲ 0.50 (1.95%)
PTC 13.00 Decreased By ▼ -0.01 (-0.08%)
SILK 1.84 Increased By ▲ 0.18 (10.84%)
SNGP 47.58 Decreased By ▼ -0.77 (-1.59%)
TRG 164.60 Decreased By ▼ -0.90 (-0.54%)
UNITY 44.75 Decreased By ▼ -2.35 (-4.99%)
WTL 4.14 Increased By ▲ 0.22 (5.61%)
BR100 5,278 Decreased By ▼ -22.7 (-0.43%)
BR30 27,522 Decreased By ▼ -167.85 (-0.61%)
KSE100 48,239 Decreased By ▼ -195.99 (-0.4%)
KSE30 19,426 Decreased By ▼ -94.82 (-0.49%)
Business & Finance

Inflation bites as chicken rate hikes up in Karachi

  • On the other hand, poultry sellers expressed that the price is likely to rise further due to a shortage of supply from poultry farmers.
08 Mar 2021

As the inflation rate inches up, the price of chicken has been steadily rising which has forced the inflation-stricken citizens to buy beef.

As per details, chicken meat reached Rs. 460 per kg in Karachi far exceeding the government’s price list.

According to the price list issued by Commissioner Karachi, despite the official price of chicken meat being fixed at Rs 214 per kg in the city, the chicken meat is being sold at Rs 460 to 480 per kg across the city.

Similarly, chicken prices beating the previous record of all-time high prices reached a new level of Rs9,400 per 40 kg from Rs9,000 per 40 kg set just a week ago. According to traders involved in the chicken business, the prices are expected to cross the Rs15,000 per 40 kg mark if the concerned authorities didn’t resolve the problems being faced by poultry producers.

On the other hand, poultry sellers expressed that the price is likely to rise further due to a shortage of supply from poultry farmers. The sellers informed that due to rising prices, their daily sales have also dropped by 50pc and many temporary shops and stalls in the city have closed.

On the other hand, despite the sharp rise in food prices in the city, the Controller General of Price Commissioner Karachi and the Sindh government's Department of Bureau of Supply and Prices remain indifferent.