Pakistan’s inflation jumped to 5.6% in September 2025, up from 3.0% in August, according to the latest Consumer Price Index (CPI) report. The increase was driven by faster price hikes in both cities and rural areas, though inflation remains much lower than the double-digit levels seen in 2024.
For the first quarter of the current fiscal year (July–September), average inflation stood at 4.22%, down from 9.19% in the same period last year. This shows that while short-term prices are climbing, overall inflationary pressure has eased compared to last year.
What got expensive, what got cheaper?
In September, food items such as tomatoes, onions, and eggs became more expensive, while fruits, potatoes, vegetables, and sugar saw a price drop. Outside of food, costs for newspapers, dental services, and medical tests inched higher. On the other hand, lower electricity and fuel prices helped cushion the impact of rising food costs.| Month/Year | National CPI | Urban Inflation | Rural Inflation |
| Aug 2024 (YoY) | 2.99% | 3.38% | 2.43% |
| Aug 2025 (MoM) | -0.65% | -0.73% | -0.52% |
| Aug 2025 (YoY) | 3.0% | 3.38% | 2.43% |
| Sep 2025 (YoY) | 5.6% | 5.9% | 5.2% |
| Q1 Avg FY25-26 | 4.22% | 4.5% | 3.9% |
| Q1 Avg FY24-25 | 9.19% | 9.6% | 8.7% |
“Even though inflation rose sharply in September, prices today are far more stable than what people faced in 2024,” they said.
Looking ahead, Pakistan’s inflation will largely depend on global oil prices and domestic supply chain stability in the coming months.
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