Chicken Meat and Egg Prices Hit Record Highs in Pakistan

Sun Jan 07 2024
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ISLAMABAD: Pakistan is grappling with record-high prices of chicken meat and eggs, exacerbating the impact of soaring inflation on consumers. The Poultry Association has rejected the officially designated prices for these staples, choosing to sell them at rates higher than the prescribed figures.

According to reports, the official price list for chicken meat and eggs has been dismissed by the Poultry Association, which is opting to sell chicken meat at Rs 602 per kilogram and eggs at Rs 384 per dozen in various areas of Lahore. The association’s defiance underscores the challenges faced by the administration in controlling poultry prices.

Last month, the Economic Coordination Committee (ECC) directed the National Price Monitoring Committee (NPMC) to collaborate with provincial governments in implementing measures to stabilize prices and curb hoarding and profiteering. The decision was made during a meeting chaired by Caretaker Federal Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar.

The decision followed a briefing by the Pakistan Bureau of Statistics (PBS) on the inflation situation, emphasizing the need for strategies to address rising prices of essential commodities.

 

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