Pakistan’s annual inflation increased by 5.6 percent on a year-on-year (YoY) basis in December 2025, as compared to an increase of 6.1 percent in the previous month and 4.1 percent in December 2024.
On a month-on-month (MoM) basis, it decreased by 0.4 percent in December 2025 as compared to an increase of 0.4 percent in the previous month and an increase of 0.1 percent in December 2024.
CPI inflation (Urban) increased by 5.8 percent YoY in December 2025, compared with an increase of 6.1 percent in the previous month and 4.4 percent in December 2024. On a MoM basis, it decreased by 0.4 percent in December 2025, compared with an increase of 0.5 percent in the previous month and a decrease of 0.1 percent in December 2024.
CPI inflation (Rural) increased by 5.4 percent YoY in December 2025, compared with an increase of 6.3 percent in the previous month and 3.6 percent in December 2024. On a MoM basis, it decreased by 0.6 percent in December 2025, compared with an increase of 0.2 percent in the previous month and an increase of 0.3 percent in December 2024.
SPI inflation increased by 2.5 percent YoY in December 2025, compared with an increase of 4.2 percent in the previous month and in December 2024. On a MoM basis, it decreased by 0.8 percent in December 2025, compared with an increase of 0.4 percent a month earlier and an increase of 0.8 percent in December 2024.
WPI inflation increased by 0.6 percent YoY in December 2025, compared with an increase of 1.1 percent in the previous month and 1.9 percent in December 2024. On a MoM basis, it decreased by 0.9 percent in December 2025, compared with a decrease of 0.2 percent in the previous month and a decrease of 0.4 percent in December 2024.
Core Inflation (NFNE)
Core inflation (NFNE), measured by non-food non-energy Urban, increased by 6.9 percent YoY in December 2025, compared with 6.6 percent in the previous month and 8.1 percent in December 2024. On a MoM basis, it increased by 0.5 percent in December 2025, compared with 0.3 percent in the previous month and an increase of 0.2 percent in December 2024.
Core inflation (NFNE), measured by non-food non-energy Rural, increased by 8.1 percent YoY in December 2025, compared with 8.2 percent in the previous month and 10.7 percent in December 2024. On a MoM basis, it increased by 0.6 percent in December 2025, compared with 0.5 percent in the previous month and an increase of 0.6 percent in December 2024.
Core Inflation (Trimmed)
Core inflation (Trimmed), measured by the 20 percent weighted trimmed mean (Urban), increased by 5.5 percent YoY in December 2025, compared with 5.3 percent in the previous month and 6.2 percent in December 2024. On a MoM basis, it remained stable at 0.3 percent in December 2025, compared with the previous month and an increase of 0.1 percent in December 2024.
Core inflation (Trimmed), measured by the 20 percent weighted trimmed mean (Rural), increased by 6.0 percent YoY in December 2025, compared with 6.4 percent in the previous month and 6.5 percent in December 2024. On a MoM basis, it remained stable at 0.4 percent in December 2025, compared with the previous month and an increase of 0.6 percent in December 2024.
