Significant Drop in Flour Prices: 20kg Bag Costs 35.91% Less in December 2024
Islamabad:A notable decline in flour prices has been observed across Pakistan, with the cost of a 20kg flour bag dropping by **35.91%** in December 2024 compared to the previous year.
According to statistics from the Pakistan Bureau of Statistics, the average price of a 20kg flour bag in December 2024 stood at **1806.35 PKR**, a significant decrease from **2818.49 PKR** recorded in December 2023.
### **Monthly Decline in Flour Prices:**
On a month-on-month basis, the average price of a 20kg flour bag also showed a reduction of **1.59%** in December 2024 compared to November 2024, when the price was **1835.59 PKR**.
### **Reasons Behind the Price Drop:**
The price reduction can be attributed to various factors, including government measures to control flour prices, increased local production, and improved market supply. This decline in prices comes as a relief for the general public, especially those who were struggling due to the rising costs of basic food items.
This drop in flour prices is seen as a positive development in Pakistan’s economic landscape, as it reflects efforts to stabilize the cost of essential goods during challenging economic times.
