Pakistan, July 13 -- Flour mill owners in Karachi have announced an Rs8 per kilogram reduction in the ex mill price of wheat flour following successful negotiations with the Karachi administration, providing much-needed relief to consumers facing high food costs.

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The decision was reached during a meeting held at the office of the Commissioner Karachi under the directive of Sindh Chief Secretary Syed Asif Hyder Shah. The talks were attended by Commissioner Karachi Syed Hassan Naqvi and representatives of the Flour Mills Association, who agreed on a price cut aimed at easing the burden on households.

Under the new pricing structure, the ex-mill price of flour has b...