Inflation breaks records in Pakistan, people angry at government

New Delhi, October 18 (IANS). Pakistan, which appears to be stuck in an economic recession, is facing a serious food crisis due to rising prices, which is due to the widening gap between supply and demand of essential commodities. This was stated in a new report. The prices of wheat, the primary source of food and nutrition for most of the population, saw a 30-50 percent increase in just one month, reports Directus.gr. “This has further increased the hardships of common people in Pakistan, already affected by the rising cost of living and the country’s economic instability. The Consumer Price Index (CPI) in September 2025 saw an increase of 5.6 percent on a year-on-year basis,” the report noted. Rising food inflation has led to a reduction in meat consumption and consumption of expensive items such as tomatoes. People have expressed anger over the government’s failure to control food inflation, which has made their livelihoods difficult. Experts estimate that the overall inflation figures will be higher than the estimates of the Islamabad government and the State Bank of Pakistan (SBP). It is worth noting that Pakistan Finance Minister Muhammad Aurangzeb has said that the government is committed to price stability. However, the report said people claimed the government measures were only symbolic, which did not stop them from overpaying. The Islamabad government also blamed the floods on low agricultural production and rising prices of food commodities. According to experts, food inflation is likely to remain high due to floods and supply chain disruptions. Pakistan’s economy was hit by devastating floods, which affected agricultural production and revived inflationary pressures. The World Bank has predicted only 2.6 percent GDP growth for Pakistan in 2025-2026. –IANS KR/ Share this story Tags