Pakistan’s inflation rose to 7% in February 2026, marking the best degree since October 2024, as electrical energy value hikes and rising international uncertainty pushed client prices upward.
In response to the Pakistan Bureau of Statistics, the Shopper Worth Index (CPI) elevated 6.98% year-on-year, in comparison with 5.8% in January and 1.5% in February final 12 months.
Electrical energy Tariffs Drive Surge
The largest impression got here from greater electrical energy costs after subsidy cuts and revised tariff buildings.
Housing, water, electrical energy, gasoline & fuels index rose 9.65% yearly
Electrical energy costs alone elevated 10.03% month-on-month
These changes considerably burdened households already dealing with excessive residing prices.
Core Inflation & Curiosity Charges
Core inflation confirmed slight easing:
City core inflation: 7.1% (down from 7.2%)
Rural core inflation: Secure at 8.3%
The rise in CPI diminished actual rates of interest by round 120 foundation factors. The State Financial institution of Pakistan stored its coverage charge unchanged at 10.5% final month.
Meals Costs Blended
Meals inflation rose to five.8%, up from 3.9% in January.
Main will increase:
Tomatoes: +82%
Wheat: +42.6%
Wheat flour: +25.9%
Meat: +11.3%
Milk powder: +9.4%
Worth declines:
Potatoes: -40%
Hen: -21.8%
Gram pulse: -21.7%
Onions: -17%
Wholesale Stress Rising
The Wholesale Worth Index (WPI) elevated to 1.0%, signaling rising producer-level value pressures that might go on to shoppers in coming months.
Exterior Dangers Loom
Analysts warn that escalating Center East tensions may:
Increase international oil costs
Enhance Pakistan’s import invoice
Stress the rupee
Worsen inflation additional
With thousands and thousands of Pakistanis working in Gulf international locations, any extended instability may additionally have an effect on remittances — a key pillar of the financial system.
