The annual inflation rate in Pakistan jumped to 21.3 percent in June of 2022, from 13.8 percent in the previous month. It was the highest inflation rate since December of 2008, despite the central bank’s 400 basis rate hikes this year amid a surge in global commodity prices, falling currency and rising import bill. Prices rose at an accelerated pace for transport (61.46 percent vs 31.8 percent), after the government raised domestic fuel prices by up to 92% in a month to meet the IMF’s requirements. Also, prices of food & non-alcoholic beverages jumped 24.63 percent, after rising 17.25 percent in May. Additional upward pressure came from housing and utilities (11.32 percent vs 5.8 percent); furnishings (17.59 percent vs 16.1 percent), and restaurants & hotels (21.19 percent vs 16 percent). On a monthly basis, consumer prices increased to a record high of 6.3 percent in June, rising sharply from a 0.4 percent uptick in the previous month. source: Pakistan Bureau of Statistics

Inflation Rate in Pakistan averaged 7.89 percent from 1957 until 2022, reaching an all time high of 37.81 percent in December of 1973 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 2022.

Inflation Rate in Pakistan is expected to be 13.50 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 8.50 percent in 2023 and 8.00 percent in 2024, according to our econometric models.

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Pakistan Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-06-01 06:30 AM May 13.8% 13.4% 14%
2022-07-01 09:00 AM Jun 21.3% 13.8% 14.5%
2022-08-02 06:15 AM Jul 21.3%


Related Last Previous Unit Reference
Inflation Rate 21.30 13.80 percent Jun 2022
Consumer Price Index CPI 175.71 165.23 points Jun 2022
Producer Prices 228.03 210.79 points Jun 2022
Food Inflation 25.92 17.25 percent Jun 2022
Producer Prices Change 38.90 29.60 percent Jun 2022
Inflation Rate Mom 6.30 0.44 percent Jun 2022
CPI Transportation 232.12 186.61 points Jun 2022
CPI Housing Utilities 159.01 147.64 points Jun 2022

Pakistan Inflation Rate
In Pakistan, most important categories in the consumer price index are food and non-alcoholic beverages (35 percent of total weight); housing, water, electricity, gas and fuels (29 percent); clothing and footwear (8 percent) and transport (7 percent). The index also includes furnishings and household equipment (4 percent), education (4 percent), communication (3 percent) and health (2 percent). The remaining 8 percent is composed by: recreation and culture, restaurants and hotels, alcoholic beverages and tobacco and other goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
21.30 13.80 37.81 -10.32 1957 - 2022 percent Monthly
2015/2016=100

News Stream
Pakistan Inflation Rate Climbs to 13-1/2-Year High
The annual inflation rate in Pakistan jumped to 21.3 percent in June of 2022, from 13.8 percent in the previous month. It was the highest inflation rate since December of 2008, despite the central bank’s 400 basis rate hikes this year amid a surge in global commodity prices, falling currency and rising import bill. Prices rose at an accelerated pace for transport (61.5 percent vs 31.8 percent), after the government raised domestic fuel prices by up to 92% in a month to meet the IMF’s requirements. Also, prices of food & non-alcoholic beverages jumped 24.6 percent, after rising 17.3 percent in May. Additional upward pressure came from housing and utilities (11.3 percent vs 5.8 percent); furnishings (17.6 percent vs 16.1 percent), and restaurants & hotels (21.2 percent vs 16 percent). On a monthly basis, consumer prices increased to a record high of 6.3 percent in June, rising sharply from a 0.4 percent uptick in the previous month.
2022-07-01
Pakistan Inflation Rate at Over 2-Year High
The annual inflation rate in Pakistan increased to 13.8 percent in May of 2022 from 13.4 percent in the previous month. It was the highest inflation rate since January of 2020, underpinned by prices of transport (31.8 percent vs 28.3 percent); food & non-alcoholic beverages (17.25 percent vs 17 percent), furnishings (16.1 percent vs 14.7 percent), and restaurants & hotels (16 percent vs 14.6 percent). Meanwhile, prices eased for housing and utilities (5.8 percent vs 7.1 percent). On a monthly basis, consumer prices edged up 0.4 percent, slowing from a 1.6 percent rise in April.
2022-06-01
Pakistan Inflation Rate at Over 11-Year High
The annual inflation rate in Pakistan increased to 13.4% in April of 2022 from 12.7% in the previous month. It was the highest inflation rate since January 2011, mainly driven by faster rises in prices of transport (28.3% vs 26.3% in March); food & non-alcoholic beverages (17.0% vs 15.3%), furnishings (14.7% vs 13.8%). Meanwhile, housing & utilities prices continued to rise (7.1% vs 8.3%). On the other hand, restaurants & hotels inflation was steady (at 14.6%). On a monthly basis, consumer prices were up 1.6%, the most in five months, following a 0.8% rise in March.
2022-05-02