KARACHI:
The year-on-year (YoY) enhance in Pakistan’s Delicate Worth Indicator (SPI) eased to 2.83% for the week ended December 24, 2025, reflecting continued short-term inflationary strain, in line with knowledge launched by the Pakistan Bureau of Statistics (PBS).
On a week-on-week (WoW) foundation, the SPI decreased 0.09%, indicating a marginal fall in the price of important items. Out of the 51 monitored objects, costs of 11 objects decreased, 13 objects elevated, whereas 27 objects remained unchanged – a broadly balanced value motion in the course of the week.
The YoY enhance of two.83% was primarily pushed by greater costs of important commodities and utilities. Notable will increase have been recorded in gasoline expenses for Q1 (up 29.85%), wheat flour (22.56%), sugar (16.32%), beef (13.01%), gur (12.46%), and bananas (11.24%).
Different objects contributing to the annual rise included chilli powder, eggs, powdered milk, firewood, and chosen clothes objects corresponding to garden (printed cloth) and shirting.
Nevertheless, these will increase have been partially offset by steep YoY declines in a number of perishable meals objects. Tomatoes confirmed a large drop of 74.92%, adopted by potatoes (down 49.79%), garlic (38.17%), onions (29.23%), and pulse gram (29.66%).
Costs of tea (Lipton), pulse mash, pulse masoor, electrical energy expenses for Q1, and LPG additionally registered YoY declines, offering reduction to shoppers.
On a weekly foundation, the sharpest decreases have been noticed in potatoes (down 10.37%), tomatoes (9.64%), onions (7.43%), and sugar (4.22%). In distinction, costs of chilli powder (up 6.26%), hen (5.29%), bananas (2.46%), and electrical energy expenses for Q1 (1.67%) recorded notable will increase in the course of the week.
Knowledge throughout consumption quintiles confirmed that the YoY enhance ranged from 1.35% for the bottom revenue group to 2.56% for the very best, which underscored a comparatively contained inflation impression throughout revenue segments.
JS World Analysis Head Waqas Ghani Kukaswadia famous that Pakistan’s Shopper Worth Index (CPI) is anticipated to clock in shut to six% for December 2025. For 1HFY26, common inflation is prone to stand at 5.2% in comparison with 7.3% throughout the identical interval of final yr.
“I count on meals inflation to clock in at 4.4% YoY; nevertheless, on MoM foundation, a decline is anticipated, pushed by decrease costs of key greens,” he stated.
Housing, gasoline and electrical energy are projected to put up a 1.4% month-on-month enhance for December. Ought to these elements stay broadly steady, the headline inflation may average to round 5.7%.

