In April 2025, Pakistan experienced a 2.2% year-on-year decline in wholesale prices, a further decrease from the 1.6% drop seen in March. This represents the third consecutive month of price declines, with the current reduction being the steepest thus far. The deflation was notably pronounced in the agriculture, forestry, and fishery sectors, recording a decrease of 7.8%, compared to 6.3% in March. The category of other transportable goods also saw an increased drop of 4.1% from the previous 3.2%. Furthermore, there was a moderation in price increases for food, beverages, tobacco, textiles, and leather products, with growth slowing to 6.3% from 7.0%. For metal products, machinery, and equipment, the price rise slowed slightly to 2.0% from 2.1%. Conversely, deflation in ores/minerals, as well as in electricity, gas, and water, eased to a decrease of 8.1% from 8.8%. Despite these trends, wholesale prices rose by 1.3% on a month-to-month basis in April 2025.