Pakistan raises petrol and diesel prices by PKR 55 per litre
Change
Pakistan raised ex-depot petrol to PKR 321.17 per litre and high-speed diesel to PKR 335.86 per litre, increases of about 17% and 20% respectively.
Why it matters
The hike raises transport and operating costs for businesses and households, reducing short-term fuel affordability and adding inflationary pressure. The government has also shifted to weekly petroleum-price reviews, increasing the frequency of price volatility for budgeting and procurement decisions.
Implications
- • Pakistan's petroleum regulator and national law enforcement must investigate and take strict action against hoarding and artificial shortages of petroleum products.
- • Petroleum wholesalers and retail fuel stations in Pakistan must implement the revised pricing immediately and maintain supply to avoid enforcement action.
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