Inflation

Annual inflation hits 12-year high despite easing in June

The annual average price spike in Bangladesh surged to its highest level in 12 years in the just-concluded fiscal year despite easing in June, reflecting the persistent erosion of real income and the deterioration of the living standards of low-income groups.

Inflation eases in June but stays over 9.5%

Bangladesh Bureau of Statistics releases data today

No concrete steps to address inflation, low reserves: CPD

The proposed national budget for fiscal 2024-25 lacks concrete measures for addressing the current economic concerns, such as runaway inflation and depleting foreign exchange reserves, the Centre for Policy Dialogue (CPD) said yesterday.

Govt measures will tame rising inflation

Finance Minister Abul Hassan Mahmood Ali yesterday expressed hope that the government would be able to curb high inflation on the back of budgetary measures and the central bank’s steps.

Budget unlikely to make dent in soaring inflation

The new budget for the upcoming fiscal year is unlikely to provide respite from one of the longest spells of sustained inflation in Bangladesh as the government’s measures appear to be missing the impetus required to contain the price spiral.

No end in sight: low-income families reel from stubborn inflation

The Consumer Price Index grew by an average of 9.73 percent in the first 11 months of the current financial year, which was 8.64 percent during the identical period a year prior, data from the Bangladesh Bureau of Statistics showed.

Keep spending on tight leash

The national budget for the fiscal year of 2024-25 is going to be presented in parliament on Thursday with monumental tasks ahead for the government to collect more revenues and contain stubbornly high inflation.

Inflation battle must be at the centre of budget

Fighting raging inflation and putting the economy back on track have not been taken seriously as evidenced from the government’s delayed response, which set the scene for one of the worst economic crises in its history and an unprecedented prolonged period of higher consumer prices, said an economist. 

Consumption stays low for two straight years as inflation bites

According to a provisional estimate of the Bangladesh Bureau of Statistics (BBS), consumption of goods and services grew 3.53 percent in 2023-24, up from 2.52 percent in the last fiscal year.

May 18, 2024
May 18, 2024

Even basic items are getting out of reach

Government must address the rising food prices immediately

May 14, 2024
May 14, 2024

April food prices cross 10%, highest in five months

According to the Bangladesh Bureau of Statistics (BBS), food inflation jumped 35 basis points to 10.22 percent last month from 9.87 percent in March. This was the first time in five months that food inflation hit double digits.

May 13, 2024
May 13, 2024

Inflation eases but stays above 9% in April

Inflation in Bangladesh fell seven basis points to 9.74 percent in April from a month ago on the back of declining prices of non-food items.

May 12, 2024
May 12, 2024

How can we protect the poor from the inflationary pressure?

Inflationary pressure may push some “vulnerable” households below the poverty line.

May 5, 2024
May 5, 2024

Will there be any respite from inflation?

To many, especially salaried and fixed-income individuals, this means they will have no option but to find ways to cut expenditures to bear increased electricity bills.

March 22, 2024
March 22, 2024

The poor’s debt burden gets heavier

The vicious cycle of taking loans to pay bills and then taking another loan to pay off the first loan may continue throughout their lives, with little or no real improvement in their living standards.

March 15, 2024
March 15, 2024

Hold on, let's talk about price hikes

Consumers hardly feel any sympathy for the downsizing that they have to experience due to price hikes. And all we get is haughtiness all around.

March 7, 2024
March 7, 2024

Inflation declines in February

The overall inflation in Bangladesh slid 19 basis points to 9.67 percent in February thanks to a fall in the prices of both food and non-food items, according to sources at the planning ministry.

March 6, 2024
March 6, 2024

Inflation falls in February

Inflation slides 19 basis points to 9.67℅

March 1, 2024
March 1, 2024

The ravages of wealth

Bangladesh’s wealth inequality keeps getting wider

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