Pakistan Wholesale Prices Climb to Highest Since January 2025

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Pakistan’s wholesale prices rose 0.59% year-on-year in September 2025, marking the largest increase since January 2025 and rebounding from a 1.0% decline in August. The uptick was primarily driven by stronger price growth in food, beverages, tobacco, textiles, and leather products (6.98% vs. 4.94% in August), alongside slower declines in agriculture, forestry, and fishing (-1.66% vs. -3.88%), minerals, electricity, gas, and water (-4.97% vs. -6.06%), and other transportable goods (-1.33% vs. -2.71%). Conversely, growth moderated in metal products, machinery, and equipment (1.18% vs. 1.21%). On a monthly basis, wholesale prices increased 0.53% in September, rebounding from a 0.21% drop in August.

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