Inflation in Pakistan has continued to rise sharply as the national rate reached 11.7 percent in May, marking the second consecutive month of double-digit increases. The latest data highlights growing pressure on households as prices rise across essential goods and services throughout the country. According to official statistics, inflation levels remained almost the same in […]
fuel prices
Govt slashes petrol, diesel prices by Rs22 per litre
The federal government has announced a major reduction in petroleum prices, lowering both petrol and high-speed diesel rates by Rs22 per litre in a move aimed at providing relief to consumers during Eid holidays. Read More: Petrol and diesel prices may drop after global oil decline According to a statement issued by the Prime Minister’s Office, the price […]
Petroleum levy collections surpass IMF loan amount
The federal government has collected more than Rs2.7 trillion in petroleum levy from citizens over the past two years, according to official documents, with the amount reportedly exceeding the combined value of Pakistan’s two ongoing International Monetary Fund (IMF) loan programmes. Read More: IMF seeks higher petroleum levy target Documents revealed that from April 2024 to March 2026, […]
Government raises diesel levy amid inflation pressure
Pakistan’s inflation-hit consumers faced another financial setback after the government increased the petroleum levy on diesel instead of passing on the expected relief from lower international fuel pricing trends. Officials revised the diesel levy upward despite calculations showing room for a significant reduction in retail fuel prices for consumers and transporters across the country. Read […]
Weekly SPI declines as annual inflation remains sharply elevated
Pakistan Bureau of Statistics reported that weekly inflation measured through the Sensitive Price Indicator declined by 0.33% for the week ending May 21, 2026, mainly due to falling prices of chicken, electricity charges, petrol and diesel. However, despite the weekly relief, annual inflation recorded through the SPI remained elevated at 14.47%, reflecting continued pressure on […]
Govt providing relief to motorcyclists to help offset rising fuel prices: Memon
Sindh Senior Minister and Provincial Minister for Information, Transport and Mass Transit, Sharjeel Inam Memon, said that tensions between Iran and the US have led to an unprecedented increase in global petroleum prices, affecting people across Sindh and Pakistan. In response, the Sindh government has taken several steps to provide relief. Addressing the Sindh Assembly, […]
Petrol and Diesel Prices Increased Amid Global Oil Market Pressure
The government has increased fuel prices, raising the petrol price by Rs6.51 per liter, with the new rate set nationwide at Rs399.86. This decision reflects ongoing economic pressures and global oil market trends. The revised prices took effect from midnight. According to the Petroleum Division, high-speed diesel prices also saw a major increase. Diesel rates […]
Punjab plans petrol subsidy for bikers
The Government of Punjab is moving ahead with a major relief initiative aimed at motorcycle users, proposing a petrol subsidy scheme that could benefit millions of riders across the province. Read More: Not all motorcyclists in Punjab eligible for fuel subsidy According to official sources, the provincial government has sought Rs24 billion from the finance department to fund […]
Fuel price relief triggers major transport fare cuts in Rawalpindi
Rawalpindi authorities have reduced public and goods transport fares after a sharp decline in petrol and diesel prices, passing relief directly to commuters and businesses. The decision aims to ease rising transport costs and reduce financial pressure on daily travelers. Officials confirmed that revised fare structures are now being implemented across the region. Furthermore, the […]
Freight transport fares drop 40% after fuel price cut in Pakistan
The Pakistan Goods Transport Alliance (PGTA) has announced a 40% reduction in freight transport fares following a recent cut in fuel prices across the country. The decision is expected to provide relief to businesses and consumers affected by rising logistics costs. Read More: PM Shehbaz launches digital fuel relief for transport sector PGTA President Malik Shahzad Awan confirmed the […]