Definition:
The petrol price in Pakistan refers to the government-regulated retail price per liter of petrol, revised fortnightly based on global oil rates, exchange rates, and local taxes.
Customer Need:
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Affordable fuel for transportation, logistics, and daily commuting.
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Price stability is necessary to manage monthly budgets and mitigate the impact of inflation.
Other Key Points:
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Revised every 15 days by the government, based on OGRA’s recommendations.
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Impact on inflation: Fuel price hikes raise the cost of goods and services.
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High public sensitivity: Any change affects millions of consumers and businesses.
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Diesel prices are also crucial, linked directly to the agriculture and transport sectors.
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