Influence of Food Products Sudden Inflation on Livelihoods of Daily Income Wagers of Pakistan

Abstract

In this review article, all the factors associated with the inflation of food products in Pakistan have been discussed. Moreover, previous trends of inflation in food products followed in Pakistan during the recent years have been compared with current trends of inflation. This article contains the impacts and effects of inflation of food products on two societal extremes rich and poor in Pakistan. Inflation is inversely proportional to daily income wages. It affects the poor people of Pakistan in negative ways as they cannot afford good quality food products and hence remain malnourished and deprived of basic food necessities. The measures that can reduce the inflation of food prices include strong strategic planning, proper policy making, reforms in food security policies, increasing agricultural outputs, appropriate audit of food supplies, control of food products prices and analysis of demand to supply ratio of food commodities.