Inflation Pakistan 2021
Average inflation: 9.5%
Current Inflation
Inflation is very high at 9.5%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 12.3%. The lowest inflation was in January at 5.7%.
- Highest month
- December: 12.3%
- Lowest month
- January: 5.7%
- Difference
- 6.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 10.6%. The lowest price increase was in Energy with an average of 10.0%.
- Highest increase
- Food: 10.6%
- Lowest increase
- Energy: 10.0%
Historical Context
Current inflation is 1.7% higher than the 5-year average of 7.8%.
- 5-year average
- 7.8%
- 10-year average
- 7%
- All-time high (2010)
- 12.9%
- All-time low (2015)
- 2.5%
Trend
Inflation has remained relatively stable. Compared to 2020, the difference is minimal (-0.3 percentage point).
- Change vs. previous year
- -0.3 percentage points
- Largest monthly swing
- January: -9.1 percentage points
ECB Target
Inflation is 7.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €109.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 5.7% | -9.1 |
| February | 8.7% | -4.2 |
| March | 9.0% | -2.4 |
| April | 11.1% | +2.0 |
| May | 10.9% | +2.3 |
| June | 9.7% | +0.6 |
| July | 8.4% | -0.9 |
| August | 8.4% | +0.2 |
| September | 9.0% | 0.0 |
| October | 9.2% | +0.3 |
| November | 11.5% | +3.2 |
| December | 12.3% | +4.3 |
| Average | 9.5% |
Data source
Data from WorldBank. Last updated: 03/01/2026.