Islamabad: According to a Gilani Research Foundation Survey carried out by Gallup Pakistan 55% of those buying grocery on credit say the grocer charges them higher than those who pay on cash terms.
A nationally representative sample of men and women from across the four provinces was asked “When the shopkeeper gives grocery on loan, does he increase prices or not?” Responding to this 55% believe that the grocer increases the price than that on cash whereas 43% believe that the grocer does not increases the price. However 2% did not give a view.
Question: “When the shopkeeper gives grocery on loan, does he increase prices or not?”
The study was released by Gilani foundation and carried out by Gallup Pakistan, the Pakistani affiliate of Gallup International. The recent survey was carried out among a sample of 2695 men and women in rural and urban areas of all four provinces of the country, during December 04 – December 10, 2011. Error margin is estimated to be approximately ± 2-3 per cent at 95% confidence level.
For more information, contact:
Gilani research Foundation
Ms. Fatima Idrees