Inflation surges to 9.33% in March

Inflation in Bangladesh climbed to 9.33 per cent in March, maintaining the escalated price level.

It was up 55 basis points from the 8.78 per cent reported in February, said Planning Minister MA Mannan today after the meeting of the Executive Committee of the National Economic Council in the capital.

This means the spike in the Consumer Price Index (CPI) was just behind the 10-year high of 9.52 per cent seen in August, driven by higher commodity prices in the global markets.