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Thursday, November 21, 2024  
19 Jumada Al-Awwal 1446  

Egg prices soar to highest level

Breakfast becomes expensive as a single egg now cost Rs40
Since the price shot up, a large number of families are buying limited numbers of eggs. Reuters
Since the price shot up, a large number of families are buying limited numbers of eggs. Reuters

As Karachi is experiencing coldest days of the year, the per dozen eggs cost has increased by Rs13 this week.

A single egg now cost Rs40 in the city.

Talking to Aaj News, consumers termed the peak as the failure of government’s price control mechanisms.

Retailers blamed the situation on expensive feed of chicken and skyrocketing wholesale rates.

Egg prices in Karachi hover at around Rs400 per dozen from Rs280-300 until a few months ago. Retailers said that they are purchasing eggs at high prices from the wholesalers who in turn blamed it on feed prices.

Since the price went up, a large number of families are buying limited numbers of eggs instead of a dozen.

The cost of cheaper anda and paratha breakfast at local restaurants has also increased making it unaffordable for many.

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The wholesalers say they are witnessing a decline in the demand for eggs and attributed the price hikes to overpriced chicken feed.

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Inflation

Prices

Eggs