• Thursday, October 23, 2014

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Inflation

Inflation slips to 20-month low

Inflation slips to 20-month low

Inflation came down to a 20-month low of 6.84 percent in September, giving hope to the government of meeting this fiscal year's target. Good rice production and low interest and exchange rates account for the slide. Inflation was 6.91 percent in August. “It is a change in the right direction,” said Zahid Hussain, a lead...

Inflation falls on low food prices

Inflation falls on low food prices

Inflation dropped 0.13 percentage points to 6.91 percent in August on the back of falling food prices. The inflation rate was 7.04 percent in July. Inflation rate on the food items came down to 7.67 percent in August, which was 7.94 percent in the previous month. Non-food inflation saw a rise of 0.05 percentage points to...

Inflation rises to 7.04pc

Inflation rises to 7.04pc

Inflation rose by 0.07 percentage point to 7.04 percent in July on the back of an increase in non-food price. The inflation rate was 6.97 percent in June. Inflation rate on the food items came down to 7.94 percent in July, which was 8.00 percent in June. Non-food inflation saw a rise of 0.26 percentage points...

BB aims to rein in inflation

BB aims to rein in inflation

The new monetary policy for the first half of the current fiscal year focuses on reining in inflation, keeping the key policy rates unchanged, the central bank said yesterday. Bangladesh Bank also forecast the country's economic growth will be between 6.2 percent and 6.5 percent in fiscal 2014-15 though the government in the new...

BB keeps key policy rates unchanged

BB keeps key policy rates unchanged

  Bangladesh Bank has decided to keep the key policy rates unchanged as it sees risks to the inflation outlook for the current fiscal year. The repurchase rate will remain unchanged at 7.25 percent. “The persisting inflationary pressures over the past few months with the risks ahead related to the inflation outlook imply that achieving the...

Inflation falls slightly in June

Inflation falls slightly in June

Overall inflation has dropped by 0.51 percentage points to 6.97 percent in June, thanks to the price fall of food items. The inflation rate was 7.48 percent in May. Inflation rate on the food items came down to 8.00 percent in June, which was 9.09 percent in May. Non-food inflation saw a rise of 0.29 percentage...

Inflation falls slightly in April

Inflation falls slightly in April

The overall inflation rate has dropped by 0.06 percentage point to 7.46 percent in April, thanks to the price fall of both food and non-food items. The inflation rate was 7.48 percent in March. Inflation rate on food items decreased by 0.01 percentage point to 8.95 percent in April, which was 8.96 percent in the...

Done well, but can be better

SINCE 2010, when the last household survey to assess poverty was done, Bangladesh maintained progress towards reducing poverty by sustaining growth at 6% or more and by holding inflation at moderate single digits. In all likelihood, Bangladesh in 2013 surpassed the MDG target of halving extreme poverty by 2015, two years ahead of schedule. Although progress on poverty reduction may have slowed somewhat in FY14 due to a slower pace of economic expansion, significant poverty reduction continued. Below, we...

Inflation drops slightly in February

Inflation drops slightly in February

The overall inflation rate has dropped by 0.06 percentage point to 7.44 percent in February, thanks to the price fall of non-food items. The inflation rate was 7.50 percent in January last year. Inflation rate on food items increased by 0.03 percentage point to 8.84 percent in February. In the previous month it was 8.81...

Working with inflation

INFLATION is a variable which every individual takes into account regardless of the line of work they are in. Starting from the coffee we drink to the income we make- every monetary aspect is affected by inflation. When inflation is going up, we intuitively realize that we need to earn more to diminish the effects of rising prices. But exactly how much more do we need to earn? Using inflation figures to calculate our own well beings is not...

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