FX.co ★ Pakistan Inflation Rate Slows

Pakistan’s annual inflation rate eased to 11.0% in June 2026, down from 11.7% in May, aligning with the government’s projected range of 11%–12%. Food inflation, however, accelerated to 9.4% from 6.8%, marking its highest level since April 2024. In contrast, inflation moderated in housing and utilities (15.5% vs. 16.1%) and decelerated sharply in the transport sector (25.7% vs. 39.5%). Despite some easing in geopolitical tensions, Pakistan remains heavily reliant on imported energy, and policymakers expect energy prices to remain elevated in the near term. On a month‑on‑month basis, consumer prices declined by 0.3% in June, reversing the 0.5% increase recorded in May.