Published on, Sept. 30 -- September 30, 2025 12:14 AM

Pakistan's headline inflation is projected to reach about 5.1 percent in September 2025, up from 3.0 percent in August, driven largely by a surge in food prices, brokerage firm Insight Securities said in a research note on Monday.

The estimate, compared with 6.9 percent in the same month last year, comes as Pakistan is pushing through a series of economic reforms under a $7 billion International Monetary Fund program, including a contractionary government budget passed in June that slashes spending to curb the fiscal deficit.

Inflation has fallen sharply from a record 37.97 percent in May 2023, when global commodity shocks, energy price hikes and currency depreciation sent prices so...