SPI inflation Pakistan eases to 11.21% as fuel prices fall

SPI inflation Pakistan stayed in double digits at 11.21% year on year in the week ended November 12, although the weekly index slipped 0.46%.

Official data from the Pakistan Bureau of Statistics came out on Friday. Compared with the 12.31% annual reading a week earlier, the pace cooled. The basket covers 51 essentials, priced in 50 markets across 17 cities.

Fuel prices pull the weekly index down

Cheaper fuel explains the weekly dip. Petrol sold for 7.42% less than seven days earlier, and high-speed diesel cost 6.10% less. Still, drivers pay far more than last year. Petrol sits 26.23% higher and diesel 30.77% higher on an annual basis.

Where SPI inflation Pakistan hurts most

Cooking gas posted the steepest annual climb, at 111.35%. Tomatoes cost 78.94% more than in the same week of 2025. Power charges for the smallest consumers jumped 52.38%, and wheat flour gained 36.14%.

Meat remains pricey too. Year on year, mutton costs 14.67% more, beef 11.30% more and chicken 10.98% more. Fuel is the main swing factor in SPI inflation Pakistan this week, but food keeps pushing the other way.

Week on week, tomatoes added a further 12.06%. Eggs gained 5.98% and potatoes 2.42%. Onions went the other way, easing 1.70%. Across the basket, 19 items rose, nine fell and 23 stayed put, which shows how uneven the moves were.

Income groups feel SPI inflation Pakistan differently

Annual price pressure differs across households. Families spending above Rs44,175 monthly saw the sharpest annual rise, at 11.33%. The second-lowest spending bracket followed closely at 11.14%.

That spread has lasted for weeks. In early October, families spending up to Rs17,732 a month faced 9.41% annual inflation, while those above Rs44,175 faced 12.48%. Over the three months to September, the lowest spending group’s index averaged 348.87 points, up 4.07% on the prior quarter.

Recent weekly inflation readings

The latest weekly inflation numbers follow a bumpy autumn. A week earlier, the annual rate stood at 12.31%, after the index gained 0.29% on the week and reached 374.61 points. Tomatoes jumped 54.18% in that reading.

The index uses 2015-16 as its base year, set at 100. Looking at the longer run, SPI inflation Pakistan has crept up since September. It began that month at 8.35% and hit 11.97% by October 8. On that date, petrol averaged Rs398.87 a litre, against Rs270.39 a year before, while a 20kg bag of flour cost Rs2,851.04, against Rs2,150.09.

Cooking gas tells a similar story. An 11.67kg cylinder averaged Rs5,132.47 in early October, up from Rs3,045.14 a year earlier. Diesel climbed from Rs278.57 to Rs397.02 a litre over the same stretch.

Some staples are cheaper than last year. In the previous week’s data, potatoes were down 37.24%, eggs 27.59% and sugar 25.03%. Even so, those savings do not offset the burden from fuel, power and flour.

For now, SPI inflation Pakistan sits above 11% because cooking gas, tomatoes, electricity and flour keep lifting household bills. Next week’s figures will show whether lower petrol and diesel prices can drag the annual rate down further.