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The government on Tuesday shocked consumers by pushing up ghee and cooking oil rates by an unprecedented Rs208 and Rs213 to an all-time high of Rs555 per kg and Rs605 per litre, respectively, even though “these rates still do not exist in the retail markets.”
An official in the Utility Stores Corporation (USC) in Karachi confirmed that the USC had issued a notification of this whooping jump in ghee and cooking oil rates effective June 1.
The maximum rate of ghee and cooking of renowned brands in the retail markets still hovers between Rs540-560 per kg/litre.
