Wholesale price inflation in Pakistan eased to 12.71% year-on-year in May 2026, down from 13.57% in April. The deceleration was driven by slower price increases in agriculture, forestry, and fishery (0.96% vs. 2.77% in April), ores, minerals, and utilities (8.48% vs. 8.62%), and other transportable goods (36.08% vs. 39.95%).
In contrast, prices accelerated in the category of food, beverages, tobacco, textiles, and leather products (6.87% vs. 5.41%), with a particularly sharp rise in leather products (16.11% vs. 0.26%). Inflation in metal products, machinery, and equipment also strengthened (5.22% vs. 3.90%). On a monthly basis, wholesale prices fell by 0.75% in May, following a 5.07% increase in the previous month.
