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Daily petrol price revisions raise inflation concerns
['Muhammad Ilyas']
The Express Tribune
Later, under the daily pricing mechanism, petrol rose by another Rs4.93 per litre and diesel by Rs7.15 per litre.
Former Director General of the Punjab Bureau of Statistics Muhammad Shamim said frequent fuel price increases would raise the cost of daily life, especially for low-income groups.
"If the government reduces fuel prices, it should ensure the benefit reaches consumers through lower commodity prices.
Economic expert Dr Khalid Rasool said continued fuel price increases would keep pressure on inflation because energy costs are linked with almost every sector of the economy.
While daily fuel price adjustments may improve alignment with global markets, their impact spreads across transportation, agriculture, industry, electricity generation, and household expenses.