Pakistan weekly inflation rises 5.19% year on year as Ramadan begins

People transport vermicelli loaded on a cart on the first day of the Islamic holy fasting month of Ramadan in Rawalpindi on February 19, 2026. (AFP)
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Updated 21 February 2026
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Pakistan weekly inflation rises 5.19% year on year as Ramadan begins

  • Out of 51 items, prices of 17 items increased, 12 items decreased and 22 remained stable
  • The Sensitive Price Index for the week ending on Feb. 19 increased by 1.16 percent, data shows

KARACHI: Short-term inflation, measured by the Sensitive Price Index (SPI), rose 5.19 percent year-on-year in the week ending Feb 19, the statistics bureau said on Friday, reflecting higher prices of perishable food items at the start of Ramadan.

The SPI, which comprises 51 essential items collected from 50 markets in 17 cities, is computed on a weekly basis to assess the price movement of essential commodities at a shorter interval of time to review the price situation in the country.

The SPI for the week ending on Feb. 19 increased by 1.16 percent, the year-on-year trend depicted an increase of 5.19 percent, according to the Pakistan Bureau of Statistics (PBS) data.

The development came as the holy fasting month of Ramadan began in the South Asian country on Feb. 19, which often sees an increase of prices of fruit, vegetables and other necessary items.

“During the week, out of 51 items, prices of 17 (33.33%) items increased, 12 (23.53%) items decreased and 22 (43.14%) items remained stable,” the PBS said.

Major increase was observed in the prices of Bananas (16.05%), Electricity Charges for Q1 (15.41%), Garlic (5.86%), Chicken (5.49%), Onions (3.83%), Tomatoes (3.82%), Diesel (2.69%), Petrol (1.93%), Beef (1.03%), LPG (0.75%), Mutton (0.69%) and Long Cloth (0.28%), according to the PBS.

The items whose prices decreased included Eggs (11.78%), Potatoes (2.24%), Wheat Flour (2.02%), Pulse Masoor (1.47%), Sugar (0.96%), Vegetable Ghee 2.5Kg (0.72%), Pulse Gram (0.58%), Cooking Oil 5 Litre (0.19%), Gur (0.16%), Vegetable Ghee 1Kg (0.11%), Rice (0.08%) and Mustard Oil (0.07%).


Pakistan bank enables Shariah-compliant digital payment facility for passengers at Islamabad airport

Updated 23 February 2026
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Pakistan bank enables Shariah-compliant digital payment facility for passengers at Islamabad airport

  • Pakistan is a cash-dominated market where a significant portion of transactions in the informal sector are made without any taxes, officials say
  • The move comes amid Pakistan’s efforts to introduce a cashless model at airports under which only digital service providers can provide services

KARACHI: Aik, Pakistan’s first Islamic digital bank, has enabled fully digital payments at Islamabad International Airport to offer travelers and passengers secure, Shariah compliant digital transaction facility.

The development comes amid Pakistan’s efforts to introduce a cashless model at airports across the country, under which only digital service providers can provide services to customers.

Aik, a subsidiary of Bank Islami, said it has onboarded merchants across the Islamabad airport and integrated QR code deployments at key touchpoints to allow passengers and visitors to make secure, seamless, and Shariah-compliant digital transactions at all counters, retail outlets, and service points.

It said the implementation complies with the regulations and framework set by the State Bank of Pakistan (SBP) and is a working model for a large-scale adoption of cashless systems in public infrastructure.

“This deployment reflects our commitment to building practical digital infrastructure that improves everyday transactions,” Aik Chief Officer Ashfaque Ahmed said in a statement.

“By enabling a fully cashless environment at a major national gateway, we are supporting efficiency, transparency, and financial inclusion at scale. This is not only a project; it is a foundation for Pakistan’s cashless future.”

Pakistan is a cash-dominated market where a significant portion of transactions, particularly in the informal sector, are conducted in cash. Officials say many of these transactions are aimed at avoiding taxes.

In recent years, the SBP has taken steps to ensure a transition toward a more cashless economy so that transactions are more traceable, reducing chances of tax evasion and corruption.

By digitizing Islamabad airport, aik said it continues to invest in secure and accessible financial solutions that “expand digital participation and support national economic modernization.”