According to the Pakistan Bureau of Statistics, inflation reached 7% year-on-year in February 2026, up from 5.8% in January and 1.5% a year earlier. This increase is attributed to significant rises in electricity charges (10.03%) and food prices, particularly tomatoes (23.05%). The government has decided to fully pass on the surge in global oil prices to consumers, raising petrol prices by Rs8 per litre and diesel by Rs5.16, effective March 1, 2026, which is expected to further strain household budgets and increase transport costs.
BUSINESS
Pakistan Inflation Surges To 7% Amid Rising Fuel Prices
80% NEGATIVE
Pakistan's inflation surged to 7% in February 2026, driven by rising energy costs and food prices. The government has increased petrol and diesel prices by Rs8 and Rs5.16 per litre respectively, impacting transport and overall living costs amid ongoing geopolitical tensions.
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