Food prices soar once again

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With limited space for subsidies and a heavy reliance on indirect taxation, future budgetary measures could exert upward pressure on prices, particularly affecting urban consumers. Photo (file)

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RAWALPINDI:

Prices of food and essential commodities continue to rise sharply in the open market. Milk sellers and naanbais have announced plans to raise the prices of milk, yoghurt, and bread. Price control magistrates have failed to regulate the escalating costs.