India vs Pakistan Inflation: Check Latest Prices of Food, Fuel, and Clothes — Which Country Is More Expensive?

As trade relations between India and Pakistan have soured again after the Pahalgam terror attack in Jammu and Kashmir, Islamabad's ongoing economic crisis has regained widespread attention.

Despite some reduction in Pakistan inflation over the past few months, people still have to pay a hefty amount of money for necessities like food, fuel and clothes. A thorough comparison of Pakistan vs India inflation would reveal how expensive the prices of milk, wheat, oil, fuel, and other basic commodities are in the South Asian nation relying on Indus Waters.

Pakistan Inflation and Economic Woes

Pakistan's consumer price inflation stood at 23.1% in February 2024, however, the nation has made significant progress in curbing it down, reported Reuters citing Pakistan Bureau of Statistics data. The country has been currently bolstered by a $7 billion facility from the International Monetary Fund (IMF).

India vs Pakistan Inflation

Despite a significant reduction in Pakistan inflation over the past few months, basic items like wheat flour, mustard oil, and even milk are sold at a price of PNR 1760 (per kg), PNR 564 (per litre), and PNR 140 (per litre), respectively in February.

Item	Pakistan (PNR)	India (INR)
Wheat Flour	1761 (per kg)	30 (per kg)
LPG	3158 (11.67 kg)	803 (per 14.3 kg)
Mustard Oil	564.45 (per kg)	58 (per kg)
Pulse (Masoor)	298 (per kg)	83 (per kg)
Potatoes	68.3 (per kg)	30 (per kg)
Clothing	619	195
Milk	140-150 (per litre)	30 (per litre)

Prices of these essential commodities in Pakistan have been taken from CEIC, and that of commodities in India have been taken from spot.commoditiescontrol.com and CRISIL report. A unit of Indian Rupee is equivalent of Rs 3.29 units of Pakistani Rupee on 27 April, 2025.

India-Pakistan Trade Halt

The Indian government few days ago, announced a trade halt with Pakistan and a range of diplomatic measures in the aftermath of the Pahalgam terror attack in Jammu and Kashmir on April 22. The Indian government cancelled all Pakistani visas and reduced the strength of the Pakistan High Commission in India. It also announced to put the decades old Indus Waters Treaty in abeyance. The Attari Wagah Border's Integrated Check Post (ICP) was closed last week. The government urged Pakistani nationals who came to India through the route to return to their country within 40 hours.

According to news agency AFP, India exported over $450 million goods to Pakistan between April 2024 and January 2025, which is a tiny fraction of its overall shipments. Key items imported from India to Pakistan included pharmaceutical products worth over $110 million, and sugar worth over $85 million.

However, indirect trade of Pakistan from India is far higher which is equal to $10 billion. According to news agency ANI, Pakistan imports nearly $10 billion of Indian goods annually from India which are transported from other countries like Dubai and Singapore.

Pahalgam Terror Attack in Jammu and Kashmir

More than 25 tourists were killed and several others were injured in a terrorist attack in Jammu and Kashmir's Pahalgam on 22 April. The attack occurred when multiple armed men in camouflage appeared from the forests near a meadow in the Baisaran Valley, and targeted people at the tourist location. The brutal killings in the terrorist attack have sparked nationwide outrage and evoked sharp reactions from global leaders.