Pakistan’s national average wheat price climbed to a 29-month high on August 6, 2026, as tightening domestic supplies and shortages across markets continued to push prices higher, raising fresh concerns over food inflation.
According to Topline Securities, the sharp increase reflects constrained local availability of wheat.
While stronger prices are likely to improve farm incomes and support economic activity in rural areas, they also increase the likelihood of higher food inflation. The federal government is considering importing 1 million tons of wheat to ease the supply gap.
Wheat is one of the largest components of Pakistan’s food basket and carries significant weight in the country’s inflation index. Sustained increases in wheat prices could therefore place upward pressure on inflation in the coming months.
Higher wheat prices are expected to benefit farmers through better returns on their crops, potentially boosting spending and economic activity in rural areas. However, consumers may face increased costs for flour and other wheat-based food products if prices remain elevated.
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