In the first week of the new financial year, the price of a 50 kg sack of cement was increased to Rs 207, after which the price of a sack of cement reached Rs 1500.
In the first week of the new financial year, the effects of the federal budget have started coming, cement prices have been increased to a record.
In the federal budget, the federal excise duty on cement was increased by only one rupee. The government increased the federal excise duty on cement from Rs. 3 to Rs. 4 per kg.
In the first week of the new financial year, the price of a 50 kg sack of cement was increased to Rs 207, after which the new price of a sack of cement reached Rs 1500, while cement in Lahore and Peshawar compared to other cities. The prices are the highest.
According to the statistics agency document, the price of a 50 kg bag of cement in Larkana increased by Rs 207, Peshawar by Rs 177, Bannu by Rs 163, Quetta and Sargodha by Rs 160, and in Multan by Rs 155 per bag.
According to the document, the price of a sack of cement has increased by Rs 150 in Karachi and Lahore, Islamabad by Rs 151, Gujranwala by Rs 147, Faisalabad by Rs 140, Sialkot by Rs 130, Hyderabad by Rs 120 and in Rawalpindi by Rs 107.
Also, a bag of cement in Khuzdar increased by Rs 23 during the recent week.
Sources say that the increase in cement prices has added to the difficulties for the construction sector.
