Inflation mars Eid shopping in Pakistan
August 16th, 2011 - 11:05 am ICT by IANSIslamabad, Aug 16 (IANS) Escalated prices have dampened the spirit of the Pakistani people,and Eid shopping has failed to gain momentum across the country.
A dull and slow shopping trend is being witnessed at major markets in Islamabad, despite the fact that the first half of the holy month of Ramadan is over.
Shopkeepers have been seen sitting idle, waiting for prospective buyers, Online said.
Several shoppers said that due to high prices, many things were beyond their purchasing power and they were compelled to just window shop.
“Shoes that were once sold at Rs.500 have now reached more than Rs.1,000. Sometimes, a decent pair costs more than Rs.1,500, which is too much,” said a housewife.
The rates of children’s clothing have also reached sky high, ranging from Rs.2,000 to Rs.5,000.
Shopkeepers said most customers just come and look around, ask for prices and then leave.
- Amid rain, Kashmiris hit shopping high for Eid - Nov 05, 2011
- Delhi's firecracker shops get crackling - Oct 23, 2011
- In digital age, no takers in Pakistan for Eid cards - Aug 12, 2011
- For Eid, Kashmir shoppers buy more than they can carry - Sep 19, 2009
- Designerwear show affecting local business in Goa? - Dec 10, 2011
- Spiralling prices make Pakistanis doubt Ramadan blessings - Sep 01, 2009
- Kashmiris prepare for Eid with prayers, shopping - Aug 29, 2011
- Is this the Eid that Kashmir wants? - Sep 07, 2010
- Go for the heavy metal look on bags, boots - Dec 31, 2010
- Delhi's star goat this Eid costs Rs.1.5 lakh - Nov 06, 2011
- Delhi's 'divine' goat costs Rs.4.5 lakh - Nov 16, 2010
- Eid brings cheer to markets in Kashmir valley - Oct 02, 2008
- Cheer for buyers as gold prices dip on Akshaya Tritiya (Roundup) - May 06, 2011
- LPG prices fall in Pakistan - Feb 12, 2012
- Eid brings back smiles to Kashmiri faces - Nov 15, 2010
Tags: decent pair, eid, holy month of ramadan, housewife, inflation, many things, momentum, month of ramadan, pair costs, pakistan islamabad, prospective buyers, purchasing power, ramadan, rs 1, rs 2, rs 500, shop shoes, shoppers, sky high, spirit