The annual inflation rate in Pakistan eased to 10.87 percent in May of 2021 from 11.1 percent in April of 2021, mainly due to a slowdown in prices of food & non-alcoholic beverages (14.83 percent vs 15.91 percent in April); housing & utilities (8.44 percent vs 9.68 percent) and clothing & footwear (10.64 percent vs 11.87 percent). Conversely, costs advanced faster mostly for transport (13.96 percent vs 6.53 percent), miscellaneous goods & services (10.71 percent vs 10.04 percent) and health (9.03 percent vs 8.97 percent). On a monthly basis, consumer prices edged up 0.1 percent, slowing sharply from a 1.03 percent increase in the previous 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 June of 2021.
Inflation Rate in Pakistan is expected to be 12.00 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.