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Pakistan Witnesses Record Low Inflation in March 2025, PM Shehbaz Confident in Economic Stability
Pakistan records its lowest inflation rate in over 30 years! CPI inflation drops to 0.7% YoY in March 2025, a sharp contrast to 20.7% in March 2024. PM Shehbaz calls it a sign of economic recovery, with petrol prices and interest rates also reduced.
ND
by News Desk
2025-04-03
Pakistan Witnesses Record Low Inflation in March 2025, PM Shehbaz Confident in Economic Stability

Pakistan’s economy has shown signs of stabilization as the country recorded its lowest inflation rate in over three decades. According to the Pakistan Bureau of Statistics (PBS), Consumer Price Index (CPI) inflation dropped to 0.7% year-on-year (YoY) in March 2025, down from 1.5% in February 2025 and 20.7% in March 2024.

The month-on-month (MoM) inflation, however, increased slightly by 0.9% in March 2025, following a 0.8% decrease in February.

Leading financial analysts at Topline Securities highlighted this as the lowest monthly YoY inflation reading in more than 30 years. The average inflation for the first nine months of FY25 (9MFY25) stood at 5.25%, a significant improvement from 27.06% in 9MFY24.

Key Price Changes

While overall inflation slowed down, some essential commodities and services saw price increases:

Non-Food Items (YoY Increase)

  • Motor Vehicle Tax: +168.79%
  • Footwear: +31.89%
  • Dental Services: +27.20%
  • Medical Tests: +15.53%
  • Medicines & Drugs: +15.26%

Rural Food Prices (YoY Increase)

  • Fresh Fruits: +24.62%
  • Tomatoes: +22.11%
  • Chicken: +15.40%
  • Eggs: +14.32%
  • Sugar: +11.31%
  • Fresh Vegetables: +6.34%

Urban Food Prices (Month-on-Month Increase)

  • Tomatoes: +36.35%
  • Fresh Fruits: +18.66%
  • Eggs: +14.92%
  • Sugar: +11.48%
  • Chicken: +10.87%

PM Shehbaz Confident in Economic Stability

Prime Minister Shehbaz Sharif welcomed the latest economic indicators and expressed optimism about Pakistan’s financial recovery. Speaking at an event, he reiterated that reducing inflation to single digits was a key part of the PML-N’s election manifesto.

The Prime Minister also pointed out key improvements in the economy:
✅ Petrol prices have been reduced
✅ Monetary policy rate has been cut to 12% from 22%

“These economic indicators show that Pakistan is on the right track. We are committed to bringing further relief to the people,” PM Shehbaz stated.

With inflation at a record low and monetary policies becoming more flexible, economists anticipate stability in prices and stronger economic growth in the coming months.
Tagged:

CPI

PakistanEconomy

EconomicGrowth

PMShehbazSharif

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