Inflation in Pakistan eased slightly to 6.1 percent in November, according to data released Monday by the Pakistan Bureau of Statistics (PBS), marking a continued downward trend from peaks near 30 percent a year ago. The figure remains within the government’s projected 5-6 percent range.
The latest reading follows a jump to 6.24 percent in October, driven by increases in food adn energy prices, PBS reported earlier in November. General inflation increased by 6.1 percent on a year-on-year (YoY) basis in November, and 0.4 percent on a month-on-month (MoM) basis,following a 1.8 percent MoM increase in October.According to a PBS report, “SPI inflation on a YoY basis increased by 4.2pc in November 2025,as compared to an increase of 4.8pc a month earlier and an increase of 7.3pc in November 2024.” “On a MoM basis, it increased by 0.4pc in November 2025 as compared to 0.9pc a month earlier and an increase of 1pc in November 2024.”
While inflation has significantly decreased from last year’s highs, temporary supply shocks and the lingering effects of past flood damage continue to contribute to food price volatility.
The Finance Ministry last week anticipated inflation would remain within the 5-6 percent band for November,citing improved crop yields and stabilizing fuel costs. This data release comes after the State Bank of Pakistan’s recent decision to hold its key policy rate at 11 percent, with expectations that inflation will remain above its 5-7 percent target range for several months before easing in the next fiscal year.
