Advertisement
Categories: BusinessNewsPakistan

Karachi Traders Report Disappointing 2025 Eid Sales

Advertisement

Despite crowded markets and high expectations, Karachi’s traders have expressed disappointment over sluggish sales during the Eid ul Fitr 2025 shopping season.

According to All Karachi Traders Union President Atiq Mir, sales this year fell 25 to 30 percent compared to the previous year. While the availability of goods surged by 40 to 50 percent, only Rs. 15 billion worth of products were sold, leaving a huge stockpile of unsold inventory.

“At least 60 to 70 percent of the Eid season goods remain unsold in warehouses,” said Atiq Mir, recalling that 2015 was the peak year for Karachi’s Eid shopping, when sales reached Rs. 70 billion.

He lamented that Karachi’s Eid sales potential stands at Rs. 100 billion, yet in the past decade, sales have nosedived from Rs. 70 billion to just Rs. 15 billion. The decline, he said, stems from shrinking purchasing power, limiting consumer spending on clothing, shoes, artificial jewelry, and budget-friendly decorative items.

Over 200 markets across Karachi had anticipated the usual Eid shopping frenzy, but traders were left disappointed as economic uncertainty dampened consumer enthusiasm.

Advertisement
News Desk

Recent Posts

Your Guide to Safe Rides and Deliveries with inDrive

Taking a ride or sending a package shouldn’t come with second guesses. That’s why inDrive,…

2 days ago

Irfan Junejo to Represent Pakistan as Begin Partners with LaLiga for Exclusive FC Barcelona Interviews

First-ever official representation from Pakistan at FC Barcelona’s base camp marks a new chapter in…

7 days ago

Dowry: A Deadly Tradition That Must End

A young bride from Gujranwala has become the latest victim of a cruel and deep-rooted…

1 week ago

Begin Secures Global Streaming Rights for Pakistan Idol

Begin, the UAE-based OTT platform, has acquired the global streaming rights for Pakistan Idol, one…

2 weeks ago

Remembering Shaheed Hakim Mohammed Said

Members of the Hamdard Shura Karachi chapter and young speakers of the Hamdard Naunehal Assembly…

2 weeks ago

Farhan Ghani Arrested Over Alleged Assault on Government Servent, FIR registered

Pakistan Peoples Party (PPP) local leader and Chanesar Town Chairman Farhan Ghani has been arrested…

2 months ago