Pakistan has witnessed a sharp rise in inflation, with the weekly rate climbing to 8.24 percent amid escalating tensions in the Middle East, putting increased pressure on household budgets across the country.
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According to data released by the Pakistan Bureau of Statistics, weekly inflation recorded an increase of around 1 percent, driven largely by rising prices of essential commodities and fuel.
A total of 23 essential items saw price hikes during the past week. Among the most affected were onions, which surged by 18.10 percent, followed by tomatoes at 11.38 percent and live chicken at 8.70 percent. Potatoes also recorded an increase of over 8 percent, further straining consumers already grappling with rising food costs.
Fuel and utility prices played a major role in the inflation spike. Liquefied petroleum gas (LPG) prices rose by more than 10 percent, while electricity tariffs increased by over 6 percent. On a yearly basis, petrol and diesel prices have jumped by 25.75 percent and 30 percent respectively, alongside a nearly 30 percent rise in gas charges.
Annual inflation trends show a sustained increase in both food and energy costs. Wheat flour prices are up by 24.76 percent compared to last year, while onions have surged 25 percent and red chili prices have increased by more than 15 percent. Meat prices have also climbed between 12 and 13 percent year-on-year, reflecting broader cost pressures in the food supply chain.
Energy costs have risen significantly as well, with LPG prices recording a 35 percent annual increase, adding to the burden on households already coping with higher utility bills.
Economists attribute the latest surge in inflation to global energy price volatility and geopolitical instability, particularly tensions in the Middle East that have disrupted supply chains and driven up fuel costs.
The continued rise in prices is intensifying financial strain on ordinary citizens, as basic food items and utilities become increasingly expensive, raising concerns about affordability and economic stability in the coming months.
