The steep hike in petrol prices has left people across all sections of the society completely enraged. This has obviously sent shockwaves to the common man who is trying hard to make ends meet in an inflationary environment. For the common man, every rise in petrol prices could sound the death knell for his savings.
This fuel rise coupled with an increased inflation has surely impacted our pockets and due to this price-hike inflation figure is bound to go up and with it price of goods and services are also expected to go up. Major sectors to get affected is transportation, textiles, auto etc, as all of these major sectors requires petrol and other fuels to manufacture and transport them and when transportation costs rises, prices of essential commodities also get increased, which are transported on daily basis.
The government will have to roll back the petrol price-hike because this hike is way too much.
AMNA MELA
Lahore
Absolutely correct. This might be first step towards controlling inflation
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