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These commodities include cooking oils, eggs, fresh milk, rice, sugar, fresh chicken, legumes, bread, flour and cleaning materials.
As of 09:26 UAE time, the yellow metal declined by 0.5 per cent or $10.23 to reach $2,035.39 per ounce, after touching its lowest since 2nd December.
“The Ministry’s inspection teams and the local economic departments had conducted intensive campaigns to monitor the prices of egg and poultry products in all sales outlets in the country to detect any unjustified hike in their prices,” MoE said.
Arabica futures are seen finishing the year at $1.20 per pound, 0.9% higher than the settlement on Friday, while robusta futures are seen at $1,390 per tonne at end-December, 3.42% up from last week's settlement.
Britain’s inflation rate dropped in March when oil prices tumbled and the coronavirus crisis escalated, official data showed on Wednesday, with a fall in clothing and footwear prices signalling how cautious shoppers were turning.
Fuel prices recorded a seventh consecutive hike on Sunday, taking the total increase over the past week to more than Rs4 per litre. Petrol and diesel prices are continuously becoming expensive for the common man with oil marketing companies (OMCs) raising the fuel prices frequently.
The summit agreement sets out a "solid roadmap to keep on working on the topic of energy prices", European Commission president Ursula von der Leyen said while addressing a press conference here on Friday.
The state electricity monopoly said it was imposing the 10-hour power cut, up from a seven-hour outage since the start of the month, because there was no oil to power thermal generators.
This is a difficult dilemma for the governments and for the pharmaceutical companies. It is a fact that health care has become a nightmare for most people in the world’s richest country because of the rising prices.
The Pakistani rupee has fallen sharply against the dollar since an artificial cap on the local currency was removed last month to allow its value to be decided by a market-based exchange rate.