A meeting of the National Price Monitoring Committee was held in Islamabad on Monday with Minister for Finance and Revenue Shaukat Tarin in the chair.
The meeting was apprised that the prices of 8 items declined, 18 items remained stable and 25 items increased in previous week.
The meeting was also briefed on the comparison of prices of essential items with prices in the regional countries.
It was informed that prices of commodities are lowest in Pakistan as compared to neighboring countries like India, Bangladesh and Sri Lanka.
Finance Minister Shaukat Tarin appreciated the efforts of Punjab, KP, Balochistan and Islamabad administration in providing essential items at discounted rates at Sasta and Sahulat bazaars.
The chair also directed the provincial authorities of Punjab, Sindh and Balochistan to take administrative actions for ensuring the minimum wholesale and retail gap in the prices of daily commodities like potato, onion and potatoes.