ISLAMABAD: Pakistan’s government on Saturday increased the price of petrol by Rs 1 per litre, effective from June 1.
According to the latest notification, the petrol will be available at Rs 253.63 per litre, up from the previous rate of Rs 252.63.
The notification confirms that there has been no change in diesel price, which will continue to be sold at Rs254.64 per litre across the country.
Earlier, on May 16, the government kept the petrol price unchanged for the next fortnight.
Impact on consumers
Petrol remains the primary fuel for private transport, motorcycles, rickshaws, and small vehicles.
The middle and lower-middle classes are particularly affected by fuel price fluctuations, as petrol accounts for a significant share of their commuting expenses.
Meanwhile, high-speed diesel (HSD) plays a crucial role in the country’s transportation and agriculture sectors.
It is widely used in heavy goods transport vehicles, buses, trains, and agricultural machinery such as tractors, tube wells, and threshers.
Any fluctuation in its price tends to impact the cost of transporting essential goods, particularly vegetables and food items, thereby influencing overall inflation.
