Inflation has imposed a gloomy mood on Eid celebrations throughout Pakistan. What is usually a period of happiness, festivity, and giving, this year’s Eid sees dampened spirits as escalating costs discourage the usual indulgence in traditional shopping and feasting. The rising prices of essential goods and services have put a strain on household budgets, making it difficult for many families to afford new clothing, gifts, and special treats for Eid.
Abbu Sufiyan, who lives in Karachi, shared his experience,”Upon inquiring about the prices of the products I wished to purchase, I was dismayed to find that they were beyond my budget. Slippers, for instance, are now priced between Pakistani Rupees (PKR) 1,500 and PKR 2,000 per pair, a significant increase from their previous range of PKR 700 to PKR 800.”
He added “This inflation has made shopping inaccessible for individuals like myself, despite earning a monthly income of Rs 60,000. It is disheartening to imagine the challenges faced by those with lower incomes.”
Aftab Ahmed, a local resident, expressed concern, stating, “The prevailing inflationary pressures have significantly burdened people, making life increasingly challenging. The current situation across the country is concerning, with the prices of everyday essentials, from slippers to clothing, skyrocketing”.
He further added, “I earnestly urge the Prime Minister to consider reducing the price of petrol, as it would alleviate some of the financial strain on individuals and enable them to partake in shopping activities during the Eid festival.”
The economic strain not only diminishes the festive spirit but also intensifies financial stress for individuals and communities already facing hardships.
Rashid, a local entrepreneur, shared, “The business is not performing well, experiencing a notable uptick only during the last week of Ramzan. Compared to last year, business is slower. There’s a prevailing sentiment that the government prioritizes its own interests over the welfare of businesses and the general populace.”
Zeeshan, another shopkeeper stated, “High inflation has dampened the market’s allure. Traditionally bustling during festival seasons, it now witnesses a noticeable decline in activity. Many individuals find themselves unable to afford new products amidst these economic challenges”.
He added that with limited funds for even basic necessities such as food, the possibility of buying new clothes is becoming increasingly unrealistic for many. Despite attempts to preserve traditions, the specter of inflation casts a long shadow over this year’s Eid festivities in Pakistan.