Pakistan's annual inflation rate eased to 11.0% in June 2026 from 11.7% in May, in line with the government's forecast range of 11%-12%.
Food inflation accelerated to 9.4% from 6.8%, reaching its highest level since April 2024.
Meanwhile, inflation eased for housing and utilities (15.5% vs. 16.1%) and slowed sharply for transport (25.7% vs. 39.5%).
Although geopolitical tensions have eased, Pakistan remains highly dependent on imported energy, with policymakers expecting energy prices to stay elevated in the near term.
On a monthly basis, consumer prices fell 0.3% in June, reversing a 0.5% increase in the previous month.