*Finance Fact: SBP’s Forecast - Inflation Outlook!* 📈 In a recent survey conducted by the State Bank of Pakistan, the average headline inflation is projected to rise to 9.1% YoY in FY26. Pakistan’s real interest rates averaged 2.5% (2007-19) when inflation was below 10%. At the current policy rate of 12%, the real interest rate would be around 3.0% on a forward looking basis, i.e., close to the period average.