Pakistan’s inflation climbed higher than expected in November, reaching 6.15%, according to official data released on Monday. The Ministry of Finance had projected last month’s Consumer Price Index (CPI) to remain between 5% and 6%, but rising food and utility costs pushed inflation beyond the upper estimate. Figures from the Pakistan Bureau of Statistics (PBS) show that prices increased by 0.40% month-on-month, while average inflation for the July–November period stood at 5.01%. Sharp Increase in Food Prices Several essential food items saw steep price hikes in November, intensifying pressure on household budgets: Onions: +48% Potatoes: +67% Fresh fruits: +27% Red meat: +81% Wheat products: +61% Cooking oil: +55% Live broiler chicken: +17% Eggs: +8% Fish: +3% Wheat: +12% Milk: +1% Utilities and Services Also More Expensive Inflation was further driven by increases across key non-food categories: Electricity charges: +11% Readymade garments: +70% Fuel: +21% Medical tests: +2% Medicines: +1.48% The combination of rising food prices, energy costs, and transportation expenses continues to strain household incomes, highlighting the persistent economic challenges facing consumers as the year draws to a close. Post navigation Pakistan, Denmark Discuss Boosting Trade, Investment and Renewable Energy Cooperation Pakistan Drafts New VASP Regulations to Meet FATF Compliance Standards
Pakistan’s inflation climbed higher than expected in November, reaching 6.15%, according to official data released on Monday. The Ministry of Finance had projected last month’s Consumer Price Index (CPI) to remain between 5% and 6%, but rising food and utility costs pushed inflation beyond the upper estimate. Figures from the Pakistan Bureau of Statistics (PBS) show that prices increased by 0.40% month-on-month, while average inflation for the July–November period stood at 5.01%. Sharp Increase in Food Prices Several essential food items saw steep price hikes in November, intensifying pressure on household budgets: Onions: +48% Potatoes: +67% Fresh fruits: +27% Red meat: +81% Wheat products: +61% Cooking oil: +55% Live broiler chicken: +17% Eggs: +8% Fish: +3% Wheat: +12% Milk: +1% Utilities and Services Also More Expensive Inflation was further driven by increases across key non-food categories: Electricity charges: +11% Readymade garments: +70% Fuel: +21% Medical tests: +2% Medicines: +1.48% The combination of rising food prices, energy costs, and transportation expenses continues to strain household incomes, highlighting the persistent economic challenges facing consumers as the year draws to a close.
