Pakistan’s inflation surged to 10.9 percent in April 2026. This marks the highest level in almost two years, according to Arif Habib Limited. Consequently, Pakistan inflation shoots up at a much faster pace compared to both the previous month and last year. The Consumer Price Index increased from 7.3 percent in March 2026. For comparison, inflation stood at just 0.3 percent in April 2025. On a month-on-month basis, prices rose 2.5 percent.

Urban inflation showed slightly stronger price pressures. Urban CPI rose 11.1 percent year-on-year, up from 7.4 percent in March. Rural inflation also accelerated, reaching 10.6 percent year-on-year. Therefore, Pakistan inflation shoots up across all regions and income groups. The Sensitive Price Indicator, which tracks essential commodities, rose 10.1 percent year-on-year. This represents a significant jump from 5.6 percent in March. The Wholesale Price Index registered an even sharper increase of 13.6 percent.

Core inflation also moved upward in both urban and rural areas. Urban core inflation rose 8.0 percent year-on-year. Rural core inflation increased 8.5 percent year-on-year. Trimmed core inflation recorded notable increases as well. Urban trimmed inflation rose 9.2 percent year-on-year, sharply higher than 5.9 percent in March. Similarly, rural trimmed core inflation increased 8.9 percent year-on-year. Pakistan inflation shoots up despite previous expectations of price stability.

The data reveals broad-based price pressures across the economy. Energy costs, supply chain disruptions, and currency pressures are driving this surge. Consumers will feel the impact on their monthly budgets immediately. The government faces growing pressure to provide relief. However, previous market closures and fuel price hikes have only worsened the situation.