Cost of food in Pakistan increased 8.22 percent in March of 2019 over the same month in the previous year. It is the highest inflation rate since March 2014 as prices surged for Tomatoes (315.30%), Fresh Vegetables (28.18%), Pulse Moong (22.69%), Sugar (18.20%),
Spices (17.66%), Gur (17.18%), Onions (15.85%), Honey (15.23%), Cigarettes (14.73%), Meat (13.33%), Dry Fruits (11.75%) and Beans (10.09%). Food Inflation in Pakistan averaged 4.62 percent from 2011 until 2019, reaching an all time high of 12.99 percent in November of 2013 and a record low of -1.06 percent in September of 2015.
Food Inflation in Pakistan is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Pakistan to stand at 6.00 in 12 months time. In the long-term, the Pakistan Food Inflation is projected to trend around 4.00 percent in 2020, according to our econometric models.