Inflation compels 89pc of Peshawar households to debt: survey
PESHAWAR: Rising inflation has pushed 89 percent of low-income households in the provincial capital to borrow money to meet their routine expenses, while 95.1 percent of indebted families are finding it difficult to repay their loans, according to a survey released here on Thursday. The survey report, titled on the impact of inflation, was released at the Peshawar Press Club by Institute of…
PESHAWAR - A new survey reveals that 89% of low-income families in the city are resorting to borrowing to cover daily expenses due to rising inflation, with 95.1% struggling to repay their loans. The study, titled "Impact of Inflation," was conducted by the Institute of Regional Studies (IRS) Chairman Dr Muhammad Iqbal Khalil and based on 462 households' responses.
Dr Iqbal Khalil emphasized that Peshawar's households have been significantly affected by the nationwide inflation, with prices of essential goods and services rising by 35-40%. Despite 67.3% of households reporting an increase in income, expenditure grew more, forcing many to switch to cheaper food options. Healthcare and education also became financial burdens, with 79.4% and 59.1% of households, respectively, unable to afford their expenses.
Transportation costs surged by 50% since February 2026, resulting in reduced trips to markets and curtailed travel for various activities. The survey underscored that inflation's impact goes beyond food prices, affecting education, healthcare, employment, mobility, and overall financial stability.
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