Inflation rate in Pakistan fell for the fourth consecutive month to 17.3% in April 2024, the lowest in almost 2 years, from 20.7% in March. Prices slowed down for food & non-alcoholic beverages (9.7% vs 17.2% in March 2024), housing & utilities (35.7% vs 36.6%), recreation & culture (11.8% vs 24.7%) and health (18.6% vs 19.6%). In contrast, prices accelerated for clothing & footwear (19.1% vs 16.1%), transport (12.5% vs 11.2%) and restaurants & hotels (19.5% vs 18.9%). On a monthly basis, prices declined by 0.4%, following a 1.7% increase in March. source: Pakistan Bureau of Statistics
Inflation Rate in Pakistan decreased to 17.30 percent in April from 20.70 percent in March of 2024. Inflation Rate in Pakistan averaged 8.43 percent from 1957 until 2024, reaching an all time high of 37.97 percent in May of 2023 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 May of 2024.
Inflation Rate in Pakistan decreased to 17.30 percent in April from 20.70 percent in March of 2024. Inflation Rate in Pakistan is expected to be 18.00 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 10.00 percent in 2025 and 8.00 percent in 2026, according to our econometric models.