Ramzan is expected to increase food prices and inflationary pressures across the country in the coming months. The increase in consumer goods’ prices in the country has touched annual highs in the recent months. Ramzan is a month when food demand goes up, exacerbating the problem.
The holy month of Ramzan brings blessings in the lives of common man but during the month prices of edibles are expected to rise which is enough to extinguish the purchasing power of a common man.
Despite the government efforts to control prices, the cost of food can increase during Ramzan as demand surges for staples such as rice, bread and sugar and specially fruits.
The common man especially the manufacturers and suppliers stock the basic food items and intend to create an artificial shortage, ultimately raising the prices of vegetable, fruits, pulses and meat, however, it’s the responsibility of the government to ensure a strong check on prices and intervene where necessary, to lower down the unnecessary rise in prices.
