The annual inflation rate rose to 9 percent in September of 2020 from 8.2 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (14.7 percent vs 12.9 percent in August); health (8.3 percent vs 7.7 percent); furnishings (7.9 percent vs 7.5 percent); restaurants & hotels (8.3 percent vs 8 percent) and recreation & culture (3.9 percent vs 3.5 percent). In addition, transport cost fell much less (-1.5 percent vs -3,4 percent). On a monthly basis, consumer prices inched up 1.5 percent after increasing 0.6 percent in the previous month.
Inflation Rate in Pakistan averaged 7.81 percent from 1957 until 2020, 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 October of 2020. source: Pakistan Bureau of Statistics
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. Looking forward, we estimate Inflation Rate in Pakistan to stand at 6.50 in 12 months time. In the long-term, the Pakistan Inflation Rate is projected to trend around 7.50 percent in 2021, according to our econometric models.