FX.co ★ Pakistan Wholesale Inflation Steady at 1.1%

In November 2025, wholesale prices in Pakistan experienced a year-on-year increase of 1.1%, maintaining the same rate as observed in October. This growth represents the peak level since last December. Price increments were particularly notable in sectors such as metal products, machinery, and equipment, which saw an increase from 1.1% to 1.4%. In contrast, inflation slowed down for categories including food, beverages, tobacco, textiles, and leather products, decreasing from 7.3% to 6.2%. This reduction was propelled by milder rises in the cost of food products (8.1% compared to 9.5% previously) and textiles/apparel, which slipped from 3.3% to 2.7%. However, the cost of leather products continued its downward trend, dropping further from -5.2% to -5.9%. Elsewhere, deflation remained for ores and minerals, electricity, gas and water, which improved slightly from -2.9% to -1.6%, as well as for agriculture, forestry, and fishery, which showed a modest rise from -2.1% to -1.4%. Other transportable goods also saw a decrease, with figures moving from -0.4% to -1%. On a month-to-month basis, wholesale prices fell by 0.2%, after recording a 0.5% increase in the previous month.