Pakistan’s inflation rate reaches 11.7% in May 2026 due to the Middle East crisis affecting oil and mineral supplies.
Islamabad: (RightNow) In May 2026, Pakistan’s inflation rate surged to 11.7%, up from 10.9% in April. Experts attribute this increase to the Middle East crisis affecting oil and mineral supplies.
Questions about the credibility of Pakistan’s inflation statistics arose in 2024. The IMF highlighted flaws in government financial data. The government has promised to address these weaknesses.
The Pakistan Bureau of Statistics has recommended changes to the Producer Price Index (PPI) methodology. This will help the government identify the roles of middlemen and hoarders.
The primary reason for the inflation rise is government policies impacting energy sector prices. As a result, the public faces higher costs.
It is noteworthy that in 2024, the IMF questioned the credibility of Pakistan’s statistics. The government is reviewing fiscal and monetary policies to control inflation.
