Stationery prices skyrocket 20% in Lahore ahead of schools reopening
Caption: Representational image.
With educational institutions set to reopen in just two days, parents are facing a financial crunch as shopkeepers have hiked stationery and school supply prices by up to 20 percent, reported 24NewsHD TV channel on Friday.
The sudden surge in the prices of essential school items has severely strained household budgets.
According to market details, schoolbags are now being sold at a high price of up to 4,000 rupees.
The rate of a single box of pencils has raced up to 210 rupees.
Buyers expressed deep concern that these continuous price spikes will stretch their monthly expenditures even further as the new academic term begins.