The annual inflation rate in Pakistan increased to 9.05 percent in March of 2021, the highest since July of 2020, from 8.7 percent in February. Prices increased year-on-year across all groups of goods and services, with the most significant being recorded for food & non-alcoholic beverages (11.58 percent vs 9.74 percent), clothing & footwear (10.72 percent vs 11.3 percent), miscellaneous goods (10.62 percent vs 12.24 percent), health (8.81 percent vs 9.21 percent), and utilities & fuels (8.76 percent vs 10.64 percent). On a monthly basis, consumer prices were up by 0.36 percent, easing from a 1.80 percent increase in the prior month. source: Pakistan Bureau of Statistics
Inflation Rate in Pakistan averaged 7.82 percent from 1957 until 2021, 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 April of 2021.
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 4.00 in 12 months time. In the long-term, the Pakistan Inflation Rate is projected to trend around 3.50 percent in 2022, according to our econometric models.