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. source: Pakistan Bureau of Statistics
Inflation Rate in Pakistan averaged 7.88 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 June of 2022.
Inflation Rate in Pakistan is expected to be 16.20 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 8.00 percent in 2023, according to our econometric models.