FX.co ★ Pakistan Inflation Rate at 2024-Highs

Pakistan’s annual inflation rate surged to 10.9% in April 2026, up from 7.3% in March, remaining well above the State Bank of Pakistan’s target range of 5–7% and approaching levels last seen in 2024. Price gains were broad-based, with the sharpest increases recorded in housing and utilities, where inflation accelerated to 16.8% from 11.5%, and in food and non-alcoholic beverages, where it rose to 7.6% from 3.6%. Transport costs also climbed steeply, soaring 29.9% compared with 12.5% in the previous month. On a monthly basis, consumer prices advanced 2.5%, the fastest pace in nine months and a marked acceleration from the 1.2% increase recorded in March.