pakistans inflation falls
|

Pakistan’s inflation falls to single digits in J…

ISLAMABAD: Pakistan’s inflation rate returned to single digits in July, offering some relief to consumers after remaining in double-digit territory for three consecutive months.

According to the latest monthly inflation report released by the Pakistan Bureau of Statistics (PBS), the annual inflation rate fell to 9.2% in July 2026, compared with 11.1% in June 2026

The latest figures mark a notable change in the country’s inflation trend as the new fiscal year began. Inflation had remained above the 10% mark throughout April, May and June 2026, but the rate dropped below double digits in July.

The decline in the annual inflation rate indicates a slowdown in the pace at which prices increased compared with the same period last year. However, consumers continue to face pressure from the high cost of essential goods and household expenses.

The July reading also reflects a month-on-month improvement in inflationary pressures, although the overall cost of living remains a major concern for households across the country.

Economists and policymakers closely monitor inflation figures as they influence decisions on interest rates, economic policy and household purchasing power. A sustained decline in inflation could provide some relief to consumers and businesses, but the government will need to maintain price stability to ensure that the downward trend continues in the coming months.

Similar Posts

  • | |

    Pakistan envoy Saadia Altaf Qazi honors Sahara Wel…

    OSLO: In a heartfelt ceremony marking the end of her diplomatic tenure in Norway, Pakistan’s Ambassador to Norway, Saadia Altaf Qazi presented a certificate of appreciation to Hafiz Muhammad Aslam Haq, chairman of the Sahara Welfare Foundation, in recognition of his longstanding humanitarian services and commitment to social welfare. The ambassador acknowledged Hafiz Aslam Haq’s contributions to supporting underprivileged communities across Pakistan, including assistance for poor families, orphans, widows and victims of devastating floods. She praised the foundation’s welfare initiatives, describing them as a valuable example of community service and compassion that reflects the true spirit of humanity. During the ceremony, Hafiz Aslam Haq paid tribute to Ambassador Saadia Altaf Qazi for her dedicated service to the Pakistani community in Norway and her efforts to strengthen diplomatic, cultural and people-to-people ties between Pakistan and Norway. He commended her leadership throughout her diplomatic assignment and wished her continued success in her future responsibilities. Expressing his gratitude for the recognition, Hafiz Aslam Haq thanked the ambassador for honoring his organization’s humanitarian work. He also extended his best wishes and prayers for her health, prosperity and continued achievements in representing Pakistan abroad. The event came as Ambassador Saadia Altaf Qazi concluded her diplomatic mission in Norway. Following the completion of her tenure, she is departing Oslo to assume her new assignment as Pakistan’s ambassador to Thailand. Her tenure in Norway has been widely recognized for promoting stronger bilateral relations, engaging with the Pakistani diaspora and enhancing cooperation between the two countries. The farewell recognition ceremony served not only as a tribute to humanitarian service but also as a celebration of the enduring partnership between Pakistan and Norway, highlighting the important role played by both diplomats and community leaders in strengthening international goodwill and supporting those most in need.

  • Thai Air Force Strikes Poipet Arms Depot, Citing Defensive Action

    BANGKOK – The Royal Thai Air Force conducted air strikes on military targets outside the Cambodian city of Poipet on Thursday, escalating its response to ongoing border hostilities. Air Marshal Chakkrit Thammavichai, spokesman for the RTAF, stated the operation was a defensive and proportionate measure targeting an arms depot and logistics center used to store […]

  • U.S. Hopes for Thai-Cambodian Ceasefire by Early Next Week, Says Rubio

    BANGKOK — U.S. Secretary of State Marco Rubio expressed cautious optimism on Friday that a ceasefire between Thailand and Cambodia could be restored by Monday or Tuesday of next week. Speaking to journalists in Washington, Rubio stated the administration is working to bring both nations back into compliance with a truce originally brokered by President […]

  • Former Thai PM Thaksin Freed on Parole After Eight Months in Prison

    BANGKOK — Former Prime Minister Thaksin Shinawatra walked free from Bangkok Remand Prison early this morning after serving eight months behind bars, emerging to cheers from hundreds of supporters and an emotional reunion with members of the influential Shinawatra family. The 78-year-old political patriarch was released on parole under strict conditions that include wearing an […]

  • Russian Supreme Court bans anti-war Yabloko party …

    Russia’s Supreme Court on Monday barred the liberal Yabloko party from contesting September’s parliamentary elections. The ruling effectively side-lines the only officially registered political party in the country that actively opposes Moscow’s war in Ukraine. The court ruled in favour of a lawsuit filed by Rodina, a small pro-Kremlin nationalist party. Rodina alleged that Yabloko had received undeclared campaign support, including backing from Western sources. Yabloko leader Nikolai Rybakov rejected the allegations during the day-long hearing, stating there was no evidence to support the claims. He described the lawsuit as an unconstitutional move to eliminate political rivals and vowed to appeal the decision. Outside the court, a few hundred mostly young supporters gathered in a rare display of public defiance. Some carried apples, a nod to the party’s name, which means “apple” in Russian, as police monitored the crowd. Yabloko currently holds no seats in the national parliament, where the ruling United Russia party and other pro-Kremlin factions maintain complete dominance. However, the upcoming campaign had offered the party a national platform to advocate for an immediate ceasefire. The court’s decision arrives amid shifting public sentiment regarding the conflict. Recent polling by the independent Levada Centre indicated that public support for military actions in Ukraine dropped to 66% in July, marking its lowest point since February 2022.

  • | | |

    Initial report suggests Mir Raza Ali was shot from…

    KARACHI: An initial medical report has reportedly indicated that businessman Mir Raza Ali sustained a gunshot wound from behind, while several signs of physical violence were also found on his body following his exhumation for a fresh post-mortem examination. According to investigation sources, the preliminary report has addressed all 14 questions raised by police surgeon Dr Summaiya Syed during the medical examination. The findings reportedly include a gunshot injury to the rear of the body, fractured ribs and multiple injuries to Ali’s head and face. The report also noted marks of violence on different parts of the deceased’s body. However, investigators have yet to officially receive the medical findings. SSP SIU Samiullah Somroo, who is leading the police investigation, said the investigation team had not been informed about the report or its findings. The exhumation process lasted around three hours and was conducted under the supervision of forensic experts. During the procedure, 17 samples were collected from the body for further examination. Four samples were preserved for DNA testing, while the remaining samples were collected for chemical analysis. Two additional reference samples were obtained from Ali’s parents to assist with DNA matching. Investigators said the collected samples have been preserved and will be submitted to the forensic laboratory at the University of Karachi on Monday. The chemical and DNA examination reports are expected to be available within three to four days. Ali’s body was exhumed earlier as part of efforts to determine the circumstances surrounding his death. After the medical examination was completed, his remains were reburied at a graveyard near Tariq Road. Ali, an IBA graduate and businessman, had returned home from his shop on the night of July 28. He later left the house again, telling his family that he would return within 10 minutes. He did not return, and his body was subsequently recovered from Gulistan-e-Jauhar. His father, Mir Hussain, has maintained that his son was murdered and rejected suggestions that he died by suicide. During the latest proceedings, members of the medical board collected various samples from Ali’s grave as part of the renewed examination. His family members and their lawyer, Jibran Nasir, were present at the graveyard, while a heavy police contingent was deployed to maintain security. The authorities had restored the original eight-member medical board responsible for supervising the exhumation after the family objected to the replacement of the panel with a five-member board. The disagreement had earlier prevented officials from carrying out the scheduled exhumation. Mir Hussain later said he was satisfied with the latest proceedings. He expressed hope that the fresh examination would provide clarity about what happened to his son. The family has also alleged that a fake audio recording attributed to Ali was circulated in an attempt to influence the case and create confusion around the circumstances of his death. The family’s lawyer had earlier raised concerns about changes to the medical board and questioned the decision to replace the original panel. He later said the family was satisfied with the renewed proceedings, which were conducted in the presence of the judicial magistrate, investigation officer and members of the medical team.

Leave a Reply

Your email address will not be published. Required fields are marked *