Pakistan Inflation Rate at 2024-Highs

2026-05-01 09:38 By Larissa Caser 1 min. read

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.



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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
Pakistan Inflation Rate Accelerates in March
The annual inflation rate in Pakistan rose to 7.3% in March 2026, up from 7% in February. This marks the highest level since August 2024, falling out of the State Bank of Pakistan's 5-7% range. Upward price pressures were mainly due to transport (12.5% versus 0.4%) and housing and utilities (11.5% versus 9.7%). In contrast, price increases slowed for food and non-alcoholic beverages (3.6% versus 5.8%). On a monthly basis, consumer prices increased 1.2%, up from 0.3% in the previous month.
2026-04-01
Pakistan Inflation Rises to 5.8% in January
Pakistan’s year-on-year inflation climbed to 5.8% in January 2026, up from 5.6% in December, staying within the State Bank of Pakistan’s 5–7% target range and the Ministry of Finance’s forecast of 5–6%. Price increases accelerated for food and non-alcoholic beverages (3.90% vs 3.24%), housing and utilities (7.29% vs 6.86%), and miscellaneous goods and services (20.97% vs 19.26%), while transport inflation eased to 2.61% from 4.94%. On a monthly basis, consumer prices rose 0.4%, rebounding from a 0.4% decline in December.
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