July inflation rises 9.2% YoY

The National Consumer Price Index for July 2026 increased by 9.2% on year-on-year basis in July 2026 as compared to an increase of 11.1% in the previous month and 4.1% in July 2025. On month-on-month basis, it increased by 1.2% in July 2026 as compared to a decrease of 0.3% in the previous month and an increase of 2.9% in July 2025, according to data released by the Pakistan Bureau of Statistics (PBS) showed. Urban CPI inflation eased to 8.7% YoY in July from 11.2% in June, while rural inflation slowed to 9.9% YoY from 10.9% in June, with both readings remaining multiples above their respective year-ago levels of 4.4% and 3.5%. On a monthly basis, urban and rural inflation both rose 1.2%, compared with a 0.5% decline and no change, respectively, in June.