Pakistan inflation rate accelerated to 27.6% in January of 2023 from 24.5% in December. It was the highest reading since May of 1975, as thousands of containers of food items, raw materials and equipment are stuck in ports after the cash-strapped government curtailed imports. Main upward pressures come from food & non-alcoholic beverages (43%), recreation & culture (44.1%); restaurants & hotels (30.1%) and housing & utilities (7.8%). On a monthly basis, consumer prices jumped 2.9%, the highest in three months, following a 0.5% gain in the previous month. Meanwhile, the central bank of Pakistan raised its policy interest rate by 100bps to 17% on January 23rd, 2023, the highest since 1998, to help stabilize the economy, amid insufficient supply, very high prices and funding crunch. source: Pakistan Bureau of Statistics

Inflation Rate in Pakistan averaged 8.05 percent from 1957 until 2023, 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 February of 2023.

Inflation Rate in Pakistan is expected to be 21.00 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 12.00 percent in 2024 and 11.00 percent in 2025, according to our econometric models.

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Pakistan Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-01-02 09:30 AM Dec 24.5% 23.8% 23%
2023-02-01 09:00 AM Jan 27.6% 24.5% 23.0%
2023-03-01 09:00 AM Feb 27.6%


Related Last Previous Unit Reference
Inflation Rate 27.60 24.50 percent Jan 2023
Consumer Price Index CPI 202.53 196.86 points Jan 2023
Producer Prices 244.61 240.36 points Jan 2023
Producer Prices Change 28.50 27.10 percent Jan 2023
Inflation Rate MoM 2.90 0.50 percent Jan 2023
Food Inflation 42.94 35.50 percent Jan 2023
CPI Transportation 242.15 243.28 points Jan 2023
CPI Housing Utilities 170.53 167.51 points Jan 2023

Pakistan Inflation Rate
In Pakistan, most important categories in the Consumer Price Index are: Food & Non-alcoholic Beverages (35% of the total weight), Housing, Water, Electricity, Gas & Other Fuels (24%), Clothing & Footwear (9%), and Restaurants & Hotels (7%). The index also includes: Transport (6%); Miscellaneous Goods & Services (5%); Furnishing & Household Equipment (4%); Education (4%); Health (3%); Communications (2%); Recreation & Culture (2%); and Alcoholic Beverages & Tobacco (1%).
Actual Previous Highest Lowest Dates Unit Frequency
27.60 24.50 37.81 -10.32 1957 - 2023 percent Monthly
2015/2016=100

News Stream
Pakistan Inflation Rate Highest Since 1975
Pakistan inflation rate accelerated to 27.6% in January of 2023 from 24.5% in December. It was the highest reading since May of 1975, as thousands of containers of food items, raw materials and equipment are stuck in ports after the cash-strapped government curtailed imports. Main upward pressures come from food & non-alcoholic beverages (43%), recreation & culture (44.1%) restaurants & hotels (30.1%) and housing & utilities (7.8%). On a monthly basis, consumer prices jumped 2.9%, the highest in three months, following a 0.5% gain in the previous month. Meanwhile, the central bank of Pakistan raised its policy interest rate by 100bps to 17% on January 23rd, 2023, the highest since 1998, to help stabilize the economy, amid insufficient supply, very high prices and funding crunch.
2023-02-01
Pakistan Inflation Rate Rises Again
Annual inflation rate in Pakistan rose to 24.5% in December of 2022 from 23.8% in November. Food prices surged 35.5%, higher than 31.2% in the previous month, with onions (415%), tea (63.8%), wheat (57.3%), eggs (54.4), gram whole (53.2%) and rice (46.6%) recording the biggest increases. Other upward pressure came from cost of transport (41.2% vs 44.2%), namely motor fuel (49.45%), clothing and footwear (17.1% vs 18.6%) and housing and utilities (7% vs 9.9%). Compared to the previous month, the CPI increased 0.5%.
2023-01-02
Pakistan Inflation Rate Drops to 23.8% in November
Pakistan inflation rate eased to 23.8% in November of 2022 from 26.6% in the previous month, mainly due to a slowdown in prices of housing & utilities ( 9.9% vs 11.9% in October), food & non-alcoholic beverages (31.2% vs 36.2%) restaurants & hotels (28.4% vs 30.4%) and transport ( 44.2% vs 53.4%). Conversely, costs advanced for health (17.1% vs 16.3%), furnishing & household equipment maintenance (29.1% vs 27.6%) and education(11.1% vs 10.9%). On a monthly basis, consumer prices increased 0.8%, following a 4.7% gain in the previous month.
2022-12-01