Pakistan's annual inflation rate eased to 11.0% in June 2026 from a two-year high of 11.7% in May, and in line with the government's forecast range of 11%-12%. The slowdown was mainly due to housing and utilities (15.5% vs. 16.1%), while inflation fell sharply for transport (25.7% vs. 39.5%). In contrast, food inflation accelerated to 9.4% from 6.8%, reaching its highest level since April 2024. Although geopolitical tensions have eased, Pakistan remains highly dependent on imported energy, with policymakers expecting energy prices to stay elevated in the near term. On a monthly basis, consumer prices fell 0.3% in June, reversing a 0.5% increase in the previous month. source: Pakistan Bureau of Statistics

Inflation Rate in Pakistan decreased to 11.10 percent in June from 11.70 percent in May of 2026. Inflation Rate in Pakistan averaged 8.37 percent from 1957 until 2026, reaching an all time high of 37.97 percent in May of 2023 and a record low of -10.32 percent in February of 1959. This page provides the latest reported value for - Pakistan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Pakistan Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

Inflation Rate in Pakistan decreased to 11.10 percent in June from 11.70 percent in May of 2026. Inflation Rate in Pakistan is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Pakistan Inflation Rate is projected to trend around 5.50 percent in 2027 and 4.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-01 08:45 AM
Inflation Rate YoY
May 11.7% 10.9% 11.8%
2026-07-01 09:15 AM
Inflation Rate YoY
Jun 11.1% 11.7% 12%
2026-08-03 10:00 AM
Inflation Rate YoY
Jul 11.1%


Related Last Previous Unit Reference
Consumer Price Index CPI 293.47 294.34 points Jun 2026
CPI Housing Utilities 268.29 269.35 points Jun 2026
CPI Transportation 389.87 420.19 points Jun 2026
Food Inflation 9.38 7.93 percent Jun 2026
Inflation Rate YoY 11.10 11.70 percent Jun 2026
Inflation Rate MoM -0.30 0.50 percent Jun 2026
Producer Prices 343.85 348.07 points Jun 2026
Wholesale Prices YoY 10.70 12.70 percent Jun 2026


Pakistan Inflation Rate
In Pakistan, most important categories in the Consumer Price Index are: Food & Non-alcoholic Beverages (35% of the total weight), Housing, Water, Electricity, Gas & Other Fuels (24%), Clothing & Footwear (9%), and Restaurants & Hotels (7%). The index also includes: Transport (6%); Miscellaneous Goods & Services (5%); Furnishing & Household Equipment (4%); Education (4%); Health (3%); Communications (2%); Recreation & Culture (2%); and Alcoholic Beverages & Tobacco (1%).
Actual Previous Highest Lowest Dates Unit Frequency
11.10 11.70 37.97 -10.32 1957 - 2026 percent Monthly
2015/2016=100

News Stream
Pakistan Inflation Rate Slows in June
Pakistan's annual inflation rate eased to 11.0% in June 2026 from a two-year high of 11.7% in May, and in line with the government's forecast range of 11%-12%. The slowdown was mainly due to housing and utilities (15.5% vs. 16.1%), while inflation fell sharply for transport (25.7% vs. 39.5%). In contrast, food inflation accelerated to 9.4% from 6.8%, reaching its highest level since April 2024. Although geopolitical tensions have eased, Pakistan remains highly dependent on imported energy, with policymakers expecting energy prices to stay elevated in the near term. On a monthly basis, consumer prices fell 0.3% in June, reversing a 0.5% increase in the previous month.
2026-07-01
Pakistan Inflation Rate Highest in Nearly 2 Years
The inflation rate in Pakistan jumped 11.7% year-on-year in May 2026 from 10.9% in April, remaining well above the State Bank of Pakistan's 5%-7% target range and marking the highest reading since June 2024. Price pressures intensified across several categories, including food and non-alcoholic beverages (7.9% vs. 7.6%), alcoholic beverages and tobacco (2.3% vs. 2.0%), clothing and footwear (8.8% vs. 6.2%), furnishing and household equipment (5.1% vs. 3.8%), and transportation (36.8% vs. 29.9%). Meanwhile, inflation for housing and utilities remained elevated at 16.8%. The increase largely reflects higher energy costs following the Middle East conflict, with petrol and diesel prices still about 48% and 38% above their pre-war levels, respectively. On a monthly basis, consumer prices grew 0.5% in May, easing from a 2.5% rise in the preceding period.
2026-06-01
Pakistan Inflation Rate at 2024-Highs
The annual inflation rate in Pakistan rose sharply to 10.9% in April 2026, up from 7.3% in March, remaining well above the State Bank of Pakistan’s target range of 5–7% and near highs last seen in 2024. Price increases were broad-based, with the strongest upward pressures coming from housing and utilities, which climbed to 16.8% from 11.5%, and food and non-alcoholic beverages, which rose to 7.6% from 3.6%. Transport costs saw a steep surge, jumping 29.9% compared to 12.5% in the previous month. On a monthly basis, consumer prices rose 2.5%, marking the fastest pace in nine months and accelerating from 1.2% in March.
2026-05-01