Karachi commissioner notifies new meat prices

Karachi commissioner on Wednesday has fixed new government prices for mutton meat in the port city, ARY News reported.

Karachi Commissioner Muhammad Saleem Rajput notified the new prices for mutton meat.

According to the new notification, the mutton price was fixed at Rs1,700 per kg, while the sheep and lamb meat prices were fixed at Rs1,490 and Rs1,590 per kg, respectively. The profiteers have been warned of strict action for selling the meat against the government’s fixed rate.

Read more: Pakistan’s weekly inflation hits 41.9pc

Pakistan’s weekly inflation remained elevated, marking a 41.90 percent year-on-year increase in the week ending on November 16, mainly due to the rising cost of gas, the Pakistan Bureau of Statistics (PBS) said.

Measured by the Sensitive Price Index (SPI), the weekly inflation also increased by staggering 9.95pc on a week-on-week basis, according to official data released by the Pakistan Bureau of Statistics (PBS).