ISLAMABAD -- Sugar prices in Pakistan jumped nearly 30% to their highest level in a year during Ramadan, with experts blaming mills for intentionally squeezing domestic supplies.
One kilogram of sugar costs around 180 rupees (65 cents) now, compared with 140 rupees a year ago, hitting the pockets of Pakistanis, who each consume more than 25 kilograms of sugar annually. The price rise was particularly painful during the Islamic holy month of Ramadan, which ended March 30.
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