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ISLAMABAD: Consumer inflation eased slightly to 11.1 per cent in June from 11.7pc in May, mainly due to lower prices of energy and essential food items, according to data released by the Pakistan Bureau of Statistics on Wednesday.
The modest decline suggests that recent cuts in petrol and diesel prices have provided some relief to households. The government, however, has yet to fully pass on the benefit of lower international oil prices to consumers, limiting the overall reduction in inflationary pressures.
On a month-on-month basis, inflation dipped 0.3pc in June, compared to the previous month. Inflation was recorded at 7.05pc during the July-June (FY26) period, significantly higher over the 4.49pc during the corresponding months of FY25. The government has projected a revised inflation target of 7.5pc for the current fiscal year (FY27).
The continued increase in monthly inflation, measured by the Consumer Price Index (CPI), has pushed it beyond the earlier projection, mainly because of unprecedented increase in prices of petroleum products.
