The wholesale price inflation in Pakistan increased to 13.99 percent year-on-year in May 2019, the highest since October 2011, from 13.81 percent in the previous month. Upward pressure came from: agriculture, forestry & fishery products (11.76 percent vs 10.44 percent in April); food products, beverages & tobacco, textiles, apparel & leather products (13.69 percent vs 14.05 percent); other transportable goods except metal products, machinery & equipment (16.99 percent vs 17.20 percent); ores & minerals, electricity, gas & water (19.63 percent vs 19.74 percent); and metal products (6.11 percent vs 6.78 percent). On a monthly basis, wholesale prices rose percent in May, following a 2.33 percent gain in April. Producer Prices Change in Pakistan averaged 8.44 percent from 2000 until 2019, reaching an all time high of 35.90 percent in August of 2008 and a record low of -3.70 percent in March of 2015.
Producer Prices Change in Pakistan is expected to be 12.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Pakistan to stand at 11.50 in 12 months time. In the long-term, the Pakistan Wholesale Prices Change is projected to trend around 12.00 percent in 2020, according to our econometric models.