Karachi traders have expressed deep dissatisfaction over the sales performance during Eid-ul-Fitr in 2025, with only Rs 15 billion worth of goods sold, marking a sharp decline compared to previous years.
Atiq Mir, Chairman of the All Karachi Traders’ Union, labeled the year 2025 as one of the worst, citing a severe downturn in sales and economic conditions.
Mir explained that the prices of goods surged by 40 to 50 percent during the Eid season, yet the decrease in purchasing power led to a disappointing turnout.
He revealed that 60 to 70 percent of goods, which had been stocked in anticipation of high demand, remained unsold in warehouses.
The economic crisis, soaring inflation, and a drastic decline in consumer purchasing power have crippled businesses, he noted.
These issues have particularly impacted the poor and middle class, who, despite hoping for a joyous Eid, had to settle for buying only basic items, like a single suit.
Mir further explained that shopping this Eid was predominantly limited to affordable ready-made garments and shoes for women and children.
Additionally, there was a rise in the purchase of low-cost items like cheap purses, toys, hosiery, artificial jewelry, and decorative goods.
He stressed that traders are now struggling to meet both business and household expenses due to the ongoing economic crisis, which has left a lasting impact on retail sales during what is typically a peak season.