Aamir Shafaat Khan
The auto industry, especially car and two-wheeler assemblers, have so far ignored a price cut in vehicles.
Live bird sells at Rs360 while boneless meat at Rs800 per kg.
Defiant dealers have raised prices by up to Rs150 per kg in Ramazan.
Manufacturers attribute the price hike to rising rate of raw materials, utilities bills and distribution cost.
A number of shopkeepers have put on display oxygen cylinders of various capacities inside and outside their shops.
Exports posted a massive growth of 252pc to 877,163 tonnes during April 2021 from 249,127 tonnes a year ago.
After almost five years, there is not a single entry level car of below 800cc by any international brand of repute.
Price of Sindh’s new wheat crop has soared to Rs5,500 per 100 kg bag in open market which was Rs4,800-5,000 previously.
Rejecting the government’s decision, industrialists say shutting down the country for 10 days is unacceptable.
Auto industry stakeholders appear excited over the prime minister's initiative.
Overall car production rose to 106,439 units in 9MFY21 from 86,628 units in the same period last fiscal year.
Businessman says confectionery items are available at 20-25 per cent less prices compared to locally made or imported items.
Assemblers have yet to come out with any price cut in vehicles despite the rupee’s upward journey against the US dollar.
KPT official says the total cargo handling (import and export) at the port inched up to 45.721 million tonnes during 2020.
Sales of jeeps were up 157.6pc in 9MFY21, followed by light commercial vehicles/pickups which grew by 41.4pc.
Higher prices of ACs have so far not affected sales as the number of buyers continues to grow.
Back in 2018, Chinese car tyres held 40pc of the market share which has since increased to 85pc.
The increase has been attributed to a massive increase in domestic consumption and exports.
Honda CD-70 will be available at Rs82,900, up by Rs1,000, while CG-125 would be sold at Rs136,500, up by Rs1,600.
Rates quoted on the commissioner’s price list are much lower than in the market