Inflation Pakistan 2022
Average inflation: 19.7%
Current Inflation
Inflation is very high at 19.7%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 27.3%. The lowest inflation was in February at 12.2%.
- Highest month
- August: 27.3%
- Lowest month
- February: 12.2%
- Difference
- 15.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 24.7%. The lowest price increase was in Energy with an average of 11.7%.
- Highest increase
- Food: 24.7%
- Lowest increase
- Energy: 11.7%
Historical Context
Current inflation is 8.8% higher than the 5-year average of 10.9%. This approaches the highest level since records began (19.7% in 2022).
- 5-year average
- 10.9%
- 10-year average
- 8%
- All-time high (2022)
- 19.7%
- All-time low (2015)
- 2.5%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +10.2 percentage point.
- Change vs. previous year
- +10.2 percentage points
- Largest monthly swing
- August: +18.9 percentage points
ECB Target
Inflation is 17.7% 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 €119.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 13.0% | +7.3 |
| February | 12.2% | +3.5 |
| March | 12.7% | +3.7 |
| April | 13.4% | +2.3 |
| May | 13.8% | +2.9 |
| June | 21.3% | +11.6 |
| July | 24.9% | +16.5 |
| August | 27.3% | +18.9 |
| September | 23.2% | +14.2 |
| October | 26.6% | +17.4 |
| November | 23.8% | +12.3 |
| December | 24.5% | +12.2 |
| Average | 19.7% |
Data source
Data from WorldBank. Last updated: 03/01/2026.