Pakistan’s Wheat Prices Hit 29-Month High
Pakistan’s national average wheat price climbed to a 29-month high on August 6, 2026, as tightening domestic supplies and shortages … Read More The post Pakistan’s Wheat Prices Hit 29-Month High appeared first on ProPakistani .
On August 6, 2026, Pakistan's national average wheat price surged to a 29-month peak, driven by dwindling domestic supplies and ongoing market shortages, sparking worries about food inflation. According to Topline Securities, the price surge is attributed to limited local availability of wheat. While higher prices may boost farm incomes and stimulate rural economic activity, they also heighten the risk of rising food inflation.
The government is contemplating importing 1 million tons of wheat to alleviate the supply imbalance. Wheat constitutes a major portion of Pakistan's food basket and holds considerable weight in the country's inflation index. Consequently, persistent wheat price hikes could exert upward pressure on inflation in the months ahead. While farmers stand to gain from improved returns on their crops, consumers may bear higher costs for flour and other wheat-based food items if prices remain persistent.
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