"I see more joblessness in case the sales slowdown continues in the next two to three months," says Paapam chairman.
Aamir Shafaat Khan
Biscuits, juices and packaged milk are also set to become more expensive.
Traders say capsicum and green chilli are in short supply in Superhighway vegetable market.
Car prices are out of many people's reach due to frequent hikes by assemblers on falling rupee against the dollar.
Car sales plunge by 39.4 per cent to 31,107 units compared to 51,221 units in the same period last year.
Retailers had already increased prices to Rs80 per kg ahead of Ashura (Sept 10) from Rs60 per kg.
KARACHI: The Ghandhara Nissan Ltd (GNL) is reviewing its plans to assemble Datsun vehicles in the country as the...
Two-time price increase in Alto suggests Pak Suzuki is now fully cashing in on its burgeoning demand.
Honda Atlas Cars Ltd has reduced working days to 11 in September due to rising unsold stocks and depressed demand.
Retailers attribute rising prices to dwindling supplies from farms against soaring demand due to marriage season.
Daily wage workers and helpers are being fired from the vending industry owing to falling sales: ex-Paapam chairman.
Total bike production fell by 13 per cent to 2.459 million units in FY19 from 2.825mn units in FY18, shows PBS data.
Claim govt is breaking its promise on tax exemption under SEZ law.
One kilogram of onion is available at Rs80 compared to Rs60 a few days ago
Demand for air conditioners did not show any steep jump despite hot weather from April to August.
Fiat sold 1,122 units in July versus 814 units in July 2018, in 2018-19 sales plunged by 35 per cent to 17,993 units.
Truck sales are often considered a barometer of economic activity.
This is the third consecutive price shock since August 15.
“Market situation is uncertain after Budget 2019-20 especially after CNIC condition."
Shopkeepers, especially non-filers, are also not interested in piling up stocks in bulk quantities.