Pakistan’s annual inflation rate eased to 9.6% in October 2026 from 10.3% in September, marking a third consecutive monthly decline. Still, inflation remained well above the State Bank of Pakistan’s 5%-7% target range, as elevated oil prices continued to cloud the outlook amid the country’s heavy reliance on imported energy. Price pressures moderated for housing and utilities (11.03% vs. 12.39%), clothing and footwear (9.19% vs 8.98%), communication (13.41% vs 13.54%) and restaurants and hotels (6% vs 6.1%). Food inflation also eased (7.74% vs. 8.2%), while perishable food prices fell 2.35%, following a sharp 11.78% increase in the previous month. In contrast, inflation accelerated for non-perishable food items (9.55% vs. 7.64%), keeping food inflation elevated. Price growth in transports quickened further to 28.61% from 27.43%. On a monthly basis, consumer prices rose 1.1%, easing from a 1.3% increase in September. source: Pakistan Bureau of Statistics

Inflation Rate in Pakistan decreased to 9.60 percent in October from 10.30 percent in September of 2026. Inflation Rate in Pakistan averaged 8.38 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 November of 2026.

Inflation Rate in Pakistan decreased to 9.60 percent in October from 10.30 percent in September of 2026. Inflation Rate in Pakistan is expected to be 8.30 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
2026-10-01 08:50 AM
Inflation Rate YoY
Sep 10.3% 11.1% 10%
2026-11-02 10:20 AM
Inflation Rate YoY
Oct 9.6% 10.3% 9.0%
2026-12-02 10:00 AM
Inflation Rate YoY
Nov 9.6%


Related Last Previous Unit Reference
Consumer Price Index CPI 307.62 304.33 points Oct 2026
CPI Housing Utilities 276.96 276.26 points Oct 2026
CPI Transportation 411.25 404.02 points Oct 2026
Food Inflation 7.74 8.20 percent Oct 2026
Inflation Rate YoY 9.60 10.30 percent Oct 2026
Inflation Rate MoM 1.10 1.30 percent Oct 2026
Producer Prices 360.68 357.38 points Oct 2026
Wholesale Prices YoY 13.79 13.33 percent Oct 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
9.60 10.30 37.97 -10.32 1957 - 2026 percent Monthly
2015/2016=100

News Stream
Pakistan Inflation Rate Eases for 3rd Month
Pakistan’s annual inflation rate eased to 9.6% in October 2026 from 10.3% in September, marking a third consecutive monthly decline. Still, inflation remained well above the State Bank of Pakistan’s 5%-7% target range, as elevated oil prices continued to cloud the outlook amid the country’s heavy reliance on imported energy. Price pressures moderated for housing and utilities (11.03% vs. 12.39%), clothing and footwear (9.19% vs 8.98%), communication (13.41% vs 13.54%) and restaurants and hotels (6% vs 6.1%). Food inflation also eased (7.74% vs. 8.2%), while perishable food prices fell 2.35%, following a sharp 11.78% increase in the previous month. In contrast, inflation accelerated for non-perishable food items (9.55% vs. 7.64%), keeping food inflation elevated. Price growth in transports quickened further to 28.61% from 27.43%. On a monthly basis, consumer prices rose 1.1%, easing from a 1.3% increase in September.
2026-11-02
Pakistan Inflation Rate Eases in September
Pakistan's annual inflation rate eased to 10.3% in September 2026 from 11.1% in August, remaining well above the State Bank of Pakistan's 5%-7% target range. The slowdown was mainly driven by food inflation, which slowed sharply to 8.2% from 13.9%, as price growth softened for both non-perishable (7.6% vs 12.3%) and perishable food items (11.8% vs 24.9%). Inflation also eased for miscellaneous goods and services (10.9% vs 12.2%), clothing and footwear (9.0% vs 9.2%), health (7.9% vs 8.0%), communication (13.5% vs 13.6%), and alcoholic beverages and tobacco (3.0% vs 3.2%). In contrast, upward pressure came from transport (27.4% vs 20.2%) and housing and utilities (12.4% vs 8.9%), amid higher fuel and electricity costs. Inflation also edged up for furnishing and household equipment (7.2% vs 7.1%) and recreation and culture (0.6% vs 0.5%), while it was steady for restaurants and hotels (6.1%). On a monthly basis, consumer prices rose 1.3% in September, after a 1.2% increase in August.
2026-10-01
Pakistan Inflation Rises to 11.1% in August
Pakistan’s inflation rate rose by 11.15% year-on-year in August 2026 from a four-month low of 9.20% in the previous month, remaining well above the State Bank of Pakistan’s 5%-7% target range. Costs increased for food and non-alcoholic beverages (13.89% vs 10.64% in July), alcoholic beverages and tobacco (3.20% vs 3.19%), clothing and footwear (9.23% vs 9.18%), housing and utilities (8.87% vs 7.14%), furnishing and household equipment (7.08% vs 6.92%), health (8.02% vs 7.80%), transportation (20.17% vs 15.08%), restaurants and hotels (6.10% vs 5.71%), and miscellaneous goods and services (12.15% vs 10.80%). Meanwhile, price growth slowed for recreation and culture (0.48% vs 1.25%) and education (7.82% vs 9.00%). On a monthly basis, consumer prices grew by 1.2% in August, matching the pace from the preceding period.
2026-09-02