LAHORE, July 20, 2023: The food department has failed to crack down on hoarders as a result of which its price rocketed to Rs4,750 per maund with an increase of Rs50 in the open market on Thursday.
Following the rise in the price of wheat, a 20kg bag of flour in the open market crossed Rs2,900.
Shopkeepers are selling a bag of 20kg wheat flour for Rs2,920 while a 10kg bag now costs Rs1,450. A 15kg flour bag is available at Rs2,450.
People are already facing a crunch time due to inflation. The frequent spike in wheat and flour prices has made the commodities unaffordable for people.
Meanwhile, the food department claimed that wheat was short in the market. “We have ample stock of wheat in godowns and can crack down on the hoarders,” it says.