A fresh increase in petroleum prices may soon lead to higher prices of ghee and edible oil in Pakistan, raising fears of another wave of inflation for households.
Experts say that when fuel prices rise in Pakistan, the cost of many daily items usually increases as well. Transport fares and other essential goods have already started becoming more expensive after the recent petrol price hike.
Now manufacturers are warning that the impact could soon reach kitchen essentials such as ghee and cooking oil.
Kainat Raza, an adviser to the Pakistan Banaspati Manufacturers Association, said that production costs for ghee mills have increased sharply after the rise in fuel prices.
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She explained that higher diesel prices have also made transportation of raw materials and finished products more expensive for manufacturers.
According to industry estimates, the prices of ghee and edible oil could increase by around Rs100 to Rs150 in the coming days.
Such an increase could put additional pressure on household budgets as cooking oil and ghee are basic food items used daily in most homes.
Consumers are already struggling with rising prices of electricity, fuel and transport. A new increase in cooking oil prices may further increase the cost of preparing everyday meals.
Manufacturers say the government may need to consider measures to control rising production and logistics costs to avoid further inflation in food items.