SBP Group

Pakistan’s consumer inflation rate decreased slightly to 11.1% in June due to lower energy and food prices, but the government has not fully passed on benefits from lower international oil prices. The SBP raised its policy rate to 11.5% amid ongoing inflationary pressures, with urban inflation at 11.2% and rural at 10.9% annually.

SBP Group is focusing on innovation as it moves away from generics. The company aims to shift its business strategy toward new developments.