The Finance Division forecast on Thursday that Pakistan’s Consumer Price Index (CPI)-based inflation would continue its downward trend throughout the year and increase slightly in March after remaining unchanged in February.
According to the Finance Division’s Economic Adviser’s Wing’s “Monthly Economic Update and Outlook” for February 2025, “inflation is expected to stay between 2-3% for February, but there are chances of a slight increase to 3-4% by March.”
As households boost their spending during the holy fasting month of Ramadan, which begins in Pakistan on March 2, food inflation frequently rises seasonally. The cost of food, drink, and other consumables typically rises during Ramadan, straining household finances and leaving many in a state of desperation.