Flour prices in Karachi have dropped significantly for the second time in two weeks, as announced by the Karachi Commissioner. The price of chakki flour has decreased by Rs 10, now priced at Rs 105 per kilogram. Fine flour prices have also been reduced by Rs 3, with wholesale rates dropping to Rs 92 and retail prices to Rs 96 per kilogram. The price of a 2.5 kg bag of atta has fallen as well, with the wholesale price now set at Rs 85 per kilogram and retail prices at Rs 89 per kilogram.
This reduction follows a period of rising flour prices in other regions such as Islamabad, Rawalpindi, and Punjab, where flour mill owners had increased the price of an 80kg bag by Rs 1,300. To stabilize prices, the federal government recently removed a 5.5% advance income tax on flour mills after successful negotiations, following a strike by the flour mills association against the tax imposed in the 2024-25 budget.
