Bangladesh's inflation is expected to decline to a tolerable level within the next three months, Finance Adviser Salehuddin Ahmed said today.

"We will take several measures in February, March, and April to curb inflation," he added.

"If we can bring price hikes down to 6-7 percent by June, we will consider it satisfactory," said the adviser after a meeting of the Cabinet Committee on Government Purchase (CCGP) at the secretariat.

Consumer inflation stood at 10.89 percent in December, easing from 11.38 percent the previous month.

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The 12-month annual average inflation rose to 10.34 percent last December from 9.48 percent a year earlier, according to official data.

The adviser said inflation cannot be reduced overnight and requires coordinated efforts.

"We have held discussions with Bangladesh Bank and commercial banks. They have assured us that the required US dollars will be made available to facilitate fuel imports, fertilisers, rice, and edible oil," he said.

The commerce ministry is also engaging with business leaders to stabilise prices, he added.

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Inflation eased slightly in Dec but still above 10%